Crypto
Second bitcoin treasury firm would struggle to catch up with Strategy
Bitcoin treasury firms focused on buying bitcoin may struggle to catch up with Michael Saylor\'s Strategy, according to an assessment cited by Cointelegraph. Economist and \"The Bitcoin Standard\" author Saifedean Ammous said Strategy\'s scale and cash holdings give it an advantage over competitors. He said Strategy holds 847,666 bitcoin bought for $63.95 billion and has $5.02 billion in dollar reserves for dividends and debt interest. Ammous said investing in Strategy carries risks and he prefers holding bitcoin directly.
