Michael Saylor’s Strategy, the leading Bitcoin treasury company, now has a stock market cap worth less than the Bitcoin it holds.

Michael Saylor’s Strategy, the leading Bitcoin treasury company, now has a stock market cap worth less than the Bitcoin it holds.

A $1.44bn dividend reserve raises new concerns for shareholders of the bitcoin treasury company

A rule change could force Saylor's company to sell some of its $650 billion holdings—but crypto veterans say Strategy will be just fine.

BlackRock’s ETF now owns 3.9% of all existing Bitcoin, more than Strategy.