According to Tom Lee, Chairman of BitMine, Strategy has a good chance of becoming the most valuable company on the market, especially if Bitcoin hits the $1 million mark.
Potential of Company Strategy
Tom Lee argues that Strategy's value lies not in traditional profit models but in the sheer weight of its crypto treasury. With over 628,000 BTC, worth around $71 billion, the company is betting heavily on Bitcoin.
Bitcoin as a Strategic Resource
Lee believes Strategy's approach could mirror that of corporate giants like ExxonMobil, which was valued primarily on its oil reserves. He is convinced Bitcoin could be the new 'strategic resource' powering corporate valuation.
Parallels with Other Companies
While Strategy's current market cap of $2.5 billion is far behind tech giants like NVIDIA and Microsoft, Lee sees Bitcoin's volatility as a wild card. Strategy holds more BTC than any other public company, outpacing cash-rich firms like PayPal and ExxonMobil.
Tom Lee's predictions may sound ambitious, but if cryptocurrencies continue to rise, Strategy's gamble could redefine corporate value in the future.
