Bitcoin to Outpace S&P 500 “For the Indefinite Future,” Says Michael Saylor

Strategy chairman unfazed by Ethereum’s growing corporate adoption

Bitcoin will remain the dominant digital asset for years to come, according to Michael Saylor, executive chairman of Strategy, despite increasing corporate interest in Ethereum and other cryptocurrencies.

In an interview on Friday, Saylor emphasized that while the crypto market is experiencing “an explosion of innovation,” Bitcoin continues to attract the majority of institutional capital.

“I still believe the vast majority of capital flowing into the space is flowing into Bitcoin,” Saylor said, noting that the number of companies holding Bitcoin has grown from around 60 to more than 160 in the past six months.

Bitcoin’s market dominance — its share of the total cryptocurrency market — currently stands at 60.18%, based on TradingView data. Strategy remains the largest public Bitcoin holder, with 628,791 BTC valued at roughly $74.15 billion. The next largest corporate holder, MARA Holdings, owns about 50,639 BTC, more than 12 times less.

Saylor predicted Bitcoin would outperform the S&P 500 “for the indefinite future,” calling it “digital capital.”

While Saylor maintains a “laser-like” focus on Bitcoin, Ethereum has also seen a notable rise in corporate adoption. Ether prices have climbed to $4,224, up 23% over the past month, with market participants citing strong institutional demand and increased interest from exchange-traded funds (ETFs).

The total market value of publicly traded companies holding Ether has reached $11.77 billion, led by BitMine Immersion Technologies with 833,100 ETH worth $3.2 billion. Other major holders include SharpLink Gaming ($2 billion in ETH) and The Ether Machine ($1.34 billion), alongside the Ethereum Foundation and PulseChain.

Saylor acknowledged the broader momentum across the crypto industry but reiterated his belief in Bitcoin’s unmatched role in the financial system.

“On the margin, innovation is good for everyone in the digital asset space,” he said. “But my priority remains Bitcoin.”

With Bitcoin trading at $118,035 after recently hitting a record high of $123,100, Saylor’s conviction underscores the ongoing debate between Bitcoin maximalists and those betting on a more diversified crypto future.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.