EddieJayonCrypto
6 Aug 25
Fundstrat co-founder Tom Lee predicts that Michael Saylor’s company, Strategy (formerly MicroStrategy), could become the largest company in the stock market due to its massive Bitcoin holdings. Lee compares Strategy’s valuation approach, based on its Bitcoin assets, to Exxon Mobil’s historical valua...
Fundstrat co-founder and managing partner Tom Lee has expressed a bold prediction about Micheal Saylor’s company, Strategy (formerly MicroStrategy). In an interview with crypto influencer Natalie Brunell, Lee stated that Strategy has the potential to become the largest company in the entire stock market. He credits Saylor’s strategy of accumulating as much Bitcoin (BTC) as possible, claiming it is “changing the reality of the stock market.” Lee compares the firm to Exxon Mobil, which dominated the stock market for an entire generation based on asset value rather than net income.
Lee elaborated that Saylor’s approach focuses heavily on the value of Strategy’s Bitcoin holdings rather than traditional earnings metrics. He pointed out that Exxon Mobil was once a top-five S&P stock valued predominantly on its oil reserves, not net income. Similarly, Strategy is being valued mainly on its Bitcoin balance sheet. This shift represents a new valuation paradigm for companies deeply invested in cryptocurrency.
Strategy holds the largest corporate Bitcoin position, owning 628,791 BTC worth approximately $72.48 billion at an average price of $73,277 per token. At the time of Lee’s statement, Bitcoin was trading at $114,984, showing a 2% daily increase, while Strategy’s stock (MSTR) was valued at $380 per share. This massive Bitcoin accumulation underpins Strategy’s market valuation and fuels speculation about its potential to become a dominant force in the stock market if Bitcoin’s price continues to rise significantly.