Michael Saylor Says Bitcoin Would Be Trading At $40,000 To $50,000 Without MSTR
May 25, 2026
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Strategy Inc. Executive Chairman Michael Saylor estimates Bitcoin would be trading between $40,000 and $50,000, without his company’s $62 billion buying campaign over the past five years.
Strategy Spent $62 Billion Supporting The Bitcoin Network
Saylor acknowledged that Bitcoin would have succeeded without Strategy but argued the company filled a vacuum that accelerated price appreciation.
Strategy owns approximately 818,000 Bitcoin, making it the world’s largest corporate holder.
“Bitcoin would have been successful without me and without our company, and if we hadn’t done it, someone else would have stepped into that role,” Saylor explained on the When Shift Happens podcast.
“But presumably somewhere between $10,000 and $80,000. It wouldn’t be as high as it is right now,” he added.
Don’t Miss:
-
Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast
Strategy started buying Bitcoin in 2020 when the price was around $10,000. The company has since deployed $62 billion through cash purchases, convertible bonds, equity raises, and preferred stock offerings to accumulate its position.
STRC Preferred Stock Strips Volatility, Pays 11.5% Yield
Saylor explained how Strategy created STRC, a preferred stock that strips volatility from Bitcoin while paying an 11.5% monthly dividend as return of capital.
This structure allows investors to defer taxes until they collect all their principal back, typically around nine years.
The preferred stock targets trading around $100 with much lower volatility than Bitcoin’s 40% annualized swings.
Strategy has sold approximately $8 billion of STRC, creating what Saylor calls “digital credit” powered by “digital capital.”
“For every dollar of equity capital of Bitcoin that we have, we can create 10 to 20 cents of credit,” Saylor stated.
The company aims to grow its credit issuance to $200 billion to $400 billion if it reaches $1 trillion in Bitcoin holdings.
Trending: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time
Company Outgrew Every Capital Market Before Inventing New One
Strategy became the largest issuer of convertible bonds globally before outgrowing that market entirely.
The company then moved to equity raises, becoming the biggest equity issuer in the United States, before creating the STRC preferred stock structure.
Saylor compared the process to John D. Rockefeller’s Standard Oil, which distilled crude oil into increasingly pure kerosene for rocket fuel.
Strategy keeps refining its financial instruments to create the purest form of low-volatility Bitcoin exposure.
“We kept working to distill super pure oil. The highest form of distilled crude oil is kerosene. It’s rocket fuel,” Saylor explained, drawing the parallel to STRC as the most refined Bitcoin-backed financial product.
Image: Shutterstock
Read Next:
-
Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.
-
Think you’re saving enough for your kids? You might be dangerously off — see why
Building Wealth Across More Than Just the Market
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Rad AI
RAD Intel is an AI-driven marketing platform helping brands improve campaign performance by turning complex data into actionable insights for content, influencer strategy, and ROI optimization. Positioned within the multi-hundred-billion-dollar digital marketing industry, the company works with global brands across sectors to improve targeting precision and creative performance using its analytics and AI tools. With strong revenue growth, expanding enterprise contracts, and a Nasdaq ticker reserved under $RADI, RAD Intel is opening access to its Regulation A+ offering, giving investors exposure to the growing intersection of AI, marketing, and creator economy infrastructure.
Immersed
Immersed is a spatial computing company building immersive productivity software that enables users to work across multiple virtual screens inside VR and mixed-reality environments. Its platform is used by remote workers and enterprises to create virtual workspaces that reduce reliance on traditional physical hardware while improving focus and collaboration. The company is also developing its own lightweight VR headset and AI productivity tools, positioning itself in the future-of-work and spatial computing space. Through its pre-IPO offering, Immersed is opening access to early-stage investors looking to diversify beyond traditional assets and gain exposure to emerging technologies shaping how people work.
Connect Invest
Connect Invest is a real estate investment platform that allows investors to access short-term, fixed-income opportunities backed by a diversified portfolio of residential and commercial real estate loans. Through its Short Notes structure, investors can choose defined terms (6, 12, or 24 months) and earn monthly interest payments while gaining exposure to real estate as an asset class. For investors focused on diversification, Connect Invest may serve as one component within a broader portfolio that also includes traditional equities, fixed income, and other alternative assets—helping balance exposure across different risk and return profiles.
rHealth
rHealth is building a space-tested diagnostics platform designed to bring lab-quality blood testing closer to patients in minutes rather than weeks. Originally validated in collaboration with NASA for use aboard the International Space Station, the technology is now being adapted for at-home and point-of-care settings to address widespread delays in diagnostic access.
Backed by institutions including NASA and the NIH, rHealth is targeting the large global diagnostics market with a multi-test platform and a model built around devices, consumables, and software. With FDA registration in progress, the company is positioning itself as a potential shift toward faster, more decentralized healthcare testing.
Arrived
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
Masterworks
Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.
Lightstone
Lightstone DIRECT gives accredited investors access to institutional-quality multifamily real estate opportunities backed by a vertically integrated operator with more than $12 billion in assets under management and a 40-year track record. With more than 25,000 multifamily units nationwide — including significant exposure to low-supply Midwest markets where rent growth has remained resilient — Lightstone is positioning investors to benefit from tightening housing supply, strong occupancy trends, and long-term rental demand. Through Lightstone DIRECT, individuals can co-invest alongside the firm, which commits at least 20% to each deal, offering exposure to professionally managed multifamily assets designed to generate durable income and long-term appreciation beyond the traditional stock market.
AdviserMatch
AdviserMatch is a free online tool that helps individuals connect with financial advisors based on their goals, financial situation, and investment needs. Instead of spending hours researching advisors on your own, the platform asks a few quick questions and matches you with professionals who can assist with areas like retirement planning, investment strategy, and overall financial guidance. Consultations are no-obligation, and services vary by advisor, giving investors a chance to explore whether professional advice could help improve their long-term financial plan.
Accredited Debt Relief
Accredited Debt Relief is a debt consolidation company focused on helping consumers reduce and manage unsecured debt through structured programs and personalized solutions. Having supported more than 1 million clients and helped resolve over $3 billion in debt, the company operates within the growing consumer debt relief industry, where demand continues to rise alongside record household debt levels. Its process includes a quick qualification survey, personalized program matching, and ongoing support, with eligible clients potentially reducing monthly payments by 40% or more. With industry recognition, an A+ BBB rating, and multiple customer service awards, Accredited Debt Relief positions itself as a data-driven, client-focused option for individuals seeking a more manageable path toward becoming debt-free.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Terms and Privacy Policy
Search
RECENT PRESS RELEASES
Related Post
