Strategy will outperform all listed companies

According to a Strategy analyst, Michael Saylor's company could one day become the largest publicly traded company in the world. Strategy is currently the largest corporate holder of Bitcoin globally.

According to Jeff Walton, an analyst at Strategy, the company will become the 'world's largest listed company' due to its future financial strength backed by Bitcoin. This prediction was made in the new Financial Times documentary entitled Michael Saylor's $40 billion bet on Bitcoin..

Currently, the company holds about 568,840 BTC, worth about $59 billion, and Walton says this advantage could allow it to outperform all other listed companies.

"Strategy has the best equity multiples and the strongest securities of any company on the planet," Walton said.

Strategy raises 12 billion in 50 days

The analyst also pointed to the company's ability to raise capital quickly as a further sign of its strength. In November 2024, Strategy raised $12 billion in just 50 days.

"It's incredibly difficult to raise even 100 million in capital, and they've raised 100 million as much as 120 times in 50 days, using those funds to buy Bitcoin. It's crazy," Walton said.

The Financial Times documentary, Michael Saylor's $40 billion bet on Bitcoin, features Jeff Walton as a strategic analyst.

In the documentary, Saylor also paints an optimistic picture for the future, thanks to the adoption of Bitcoin by Strategy, formerly MicroStrategy.

Saylor: Strategy will become a 10 trillion company

According to Saylor, MicroStrategy is capable of growing from a $100 billion company to $1 trillion, up to $10 trillion.

He also predicted that one day Bitcoin will reach $13 million per coin:

"I think Bitcoin will be worth $13 million in 2045. In four to eight years, in my opinion. Of course, in 10 years we should be at one million. So a million in 10 years... and ten times that in 20 years."

Walton and Saylor's predictions that Strategy could one day outperform all other publicly traded stocks come as the company is currently the 151st largest company in the world, with a capitalisation of $117 billion, according to CompaniesMarketCap.

To become the largest, Strategy would have to surpass Microsoft, which today has a valuation of about $3.3 trillion.

Scenario of a 90% Bitcoin collapse

Despite the optimistic outlook on Strategy and Bitcoin, Saylor does not rule out the possibility of a major BTC collapse.

He reiterated that Strategy's capital structure is designed to withstand even a 90 per cent drop in Bitcoin's value that lasts four or five years.

"That would not be a good outcome for shareholders. Those at the top of the capital structure would be hurt because they are leveraged exposed, but everyone else in the structure would be paid," Saylor concluded.