Bitcoin News Today: Bitcoin Billionaire Saylor Faces Market's Hesitation as Strategy Misses S&P 500

Michael Saylor, the founder of Strategy Inc., has seen his net worth surpass $7.3 billion, earning him a spot in the Bloomberg Billionaires Index. This milestone is attributed to his aggressive accumulation of Bitcoin, a strategy that has made Strategy the largest corporate holder of the cryptocurrency with a current holding of 636,505 BTC, valued at over $71 billion [1]. Saylor’s bullish stance on Bitcoin has been well-documented, with his latest price projection estimating $21 million per coin by 2045, a figure that would result in a 18,800% return for investors purchasing at current prices [2].

Saylor’s vision for Bitcoin extends beyond a speculative investment. He envisions a future where global assets are tokenized on the blockchain, with Bitcoin serving as the reserve asset for these transactions. According to Saylor, the blockchain's transparency and efficiency could streamline processes such as real estate transactions, reducing costs and increasing trust. However, the widespread adoption of Bitcoin as a universal reserve currency faces challenges, particularly in gaining regulatory acceptance from governments worldwide. Saylor has suggested that the U.S., under a pro-crypto administration, could lead the way in creating the legal frameworks necessary for such a transformation [3].

The corporate adoption of Bitcoin has reached a significant inflection point, with public companies collectively holding over 1 million BTC. This milestone, confirmed by BitcoinTreasuries.NET, represents a market value of more than $111 billion at current prices. Strategy’s pioneering move in 2020 to adopt Bitcoin as a corporate asset has been followed by other firms, including new entrants like XXI and the Bitcoin Standard Treasury Company. These companies, along with established names such as Bullish and Metaplanet, are driving demand for Bitcoin and creating a potential supply shock as the remaining 5.2% of Bitcoin’s fixed supply continues to be mined [4].

Saylor’s company has not been immune to criticism, particularly during the 2022 bear market when Bitcoin prices dropped to a low of $15,740. Strategy’s refusal to sell its holdings was met with skepticism from financial media, which questioned the sustainability of the firm’s strategy. However, the company’s resilience during this period appears to have inspired a new wave of corporate Bitcoin adoption, with companies like Metaplanet and Semler Scientific setting ambitious accumulation targets for 2027. The financial tools enabling these strategies include equity offerings, convertible debt, and SPACs, which provide companies with the capital needed to increase their Bitcoin holdings while creating shareholder value [5].

Despite Saylor’s prominent role in the corporate Bitcoin movement, Strategy Inc. was notably excluded from the S&P 500 in the September 2025 rebalancing, despite meeting formal inclusion criteria. This decision has been attributed to the S&P 500 committee’s discretion and concerns over the volatility associated with Strategy’s heavy Bitcoin exposure. In contrast, Robinhood Markets was added to the index, marking a significant milestone for the fintech sector and signaling a growing, albeit cautious, acceptance of crypto-related companies. The omission of Strategy from the index has implications for its stock price and investor sentiment, with shares dropping nearly 3% after hours following the announcement [6].

The debate over Strategy’s exclusion highlights the ongoing challenges for companies with significant exposure to volatile assets like Bitcoin in gaining mainstream acceptance. While Saylor’s strategy has demonstrated profitability under new accounting rules that allow companies to report Bitcoin at market value, the S&P 500 committee’s decision underscores the market’s current hesitance to fully embrace Bitcoin as a corporate asset. Analysts remain divided on the long-term viability of such strategies, with some viewing them as innovative and others as speculative. Regardless of the outcome, the broader trend of corporate Bitcoin adoption is likely to continue, driven by the potential for enhanced transparency, efficiency, and value creation in the digital asset space [7].

Source: [1] title1 (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/) [2] title2 (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/) [3] title3 (https://finance.yahoo.com/news/bitcoin-treasuries-top-1-million-045500397.html) [4] title4 (https://cointelegraph.com/news/public-companies-hit-combined-1-million-bitcoin) [5] title5 (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/) [6] title6 (https://www.ccn.com/education/crypto/mstr-watch-strategy-missed-sp-500-robinhood-got-in-explained/) [7] title7 (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/)