Strategy has accumulated 650.000 BTC in its reserves and is now worth more than Standard Chartered.

Strategy has increased its Bitcoin holdings to 650.000 BTC, valued at nearly $60.000 billion, surpassing the market capitalization of Standard Chartered.

Michael Saylor's company has made a new Bitcoin purchase, bringing its holdings to 650.000 units. At current prices, this figure is equivalent to approximately $60.000 billion, solidifying the company's position as one of the largest corporate holders of the cryptocurrency. 

This recent acquisition, of 130 BTC for about $11,7 millionThis reinforces the accumulation strategy that has characterized the firm in recent years and which now translates into a direct impact on its valuation in the financial markets.

The latest data shows that Strategy's market capitalization has reached $52.150 billion. This value places Saylor's company above Standard Chartered, one of the UK's largest banks, whose market capitalization is around $38.000 billion. 

Far from belittling any entity, this comparison rather reflects a key moment at the intersection between traditional financial institutions and companies that have made a firm commitment to digital assets.

Strategy strengthens its confidence in Bitcoin with a new investment

Michael Saylor, CEO of Strategy, reaffirmed his confidence in Bitcoin by announcing the formation of a new $1.440 billion reserve to expand the company's exposure. According to Saylor, Bitcoin represents the cornerstone of the modern economy and believes its global influence is only just beginning to emerge. Its focus is on a long-term horizon, aiming to position the leading cryptocurrency as a key component of the company's financial balance sheet.

Strategy's Bitcoin accumulation strategy, which it initiated in August 2020, has placed the company in a unique position within the financial sector, acting as a proxy for those interested in gaining exposure to Bitcoin through conventional financial vehicles.

Therefore, the growth of Bitcoin reserves and its surpassing of Standard Chartered in terms of market capitalization are signs of how digital assets are reshaping the hierarchies of the financial system. While traditional banks rely on intermediation margins and the dynamics of credit markets, Strategy has built its value on the accumulation of a scarce, decentralized, and unique digital asset.

Strategy's stock reflects the volatility of the crypto market.

Strategy's growth has attracted the attention of stock index providers. For example, MSCI confirmed it is in talks with the company due to its increasing exposure to Bitcoin, considering whether to remove the firm's listing from some of its indices. Meanwhile, analysts at JPMorgan anticipate that a final decision on the matter could be announced soon. a mid-JanuaryThis would impact several funds that currently hold Strategy shares in their portfolios.

Saylor, for its part, has acknowledged these discussions, stating that the company is working to ensure its continued inclusion in the indices. Although it clarified that there is still no final decision, it is practically certain that the company will remain listed. He dismissed these concerns., insured which, in your opinion, “It will make no difference”Even so, for experts, this scenario reflects the growing tension over how to incorporate companies with a high link to cryptocurrencies into financial systems that were originally designed for traditional assets.

From a technical perspective, Strategy's stock has caught the attention of options traders. After a drop of more than 60% from its high near $400, the stock price found solid support between $150 and $160. In recent weeks, MSTR showed a rebound, reaching $181Meanwhile, Bitcoin continues to trade above $92.000. 

Analysts suggest that a stable breakout of MSTR above $185 could pave the way for a further advance towards levels above $200, provided Bitcoin maintains its strength.

The correlation between Strategy's stock price and the cryptocurrency's price is clear. The company has become a barometer of the crypto market within the stock exchange, and its performance depends heavily on Bitcoin's ability to maintain high levels. Therefore, investors closely monitor this dynamic, aware that volatility can generate both significant opportunities and risks.