Michael Saylor Backs Strive as Bitcoin Treasury Rivalry Grows

MicroStrategy Executive Chairman Michael Saylor has expressed support for Strive, a smaller competitor that also accumulates Bitcoin. MicroStrategy currently holds 847,666 BTC, while Strive holds 27,462 BTC. Saylor argues that increased demand from well-managed issuers strengthens the asset's price and benefits both companies' balance sheets. Both firms offer products that provide regular income to investors, with MicroStrategy's STRC and Strive's SATA aiming to expand the digital credit asset class.