Michael Saylor continues to display strong confidence in Bitcoin, disregarding the rising corporate interest in other cryptocurrency assets, such as Ether.
He is convinced that Bitcoin will continue to dominate financial market performance, even bettering the performance of the S&P 500 for years to come.
As the executive chairman of MicroStrategy and a well-known Bitcoin advocate, Saylor emphasizes the cryptocurrency’s unique position in the market.
He points out that most institutional capital entering the digital asset sector continues flowing toward Bitcoin rather than alternative tokens.
Latest statistics from TradingView reveal Bitcoin’s dominance in the crypto market at 60.18% at the time reported.
Meanwhile, during the six months, Bitcoin-holding companies rose from less than 60 to 160, as institutional participation continued to accelerate.
Bitcoin Hits Record Before Price Correction
MicroStrategy is still the biggest public Bitcoin holder, with 628,791 BTC worth around $74.15 billion, as per BitcoinTreasuries.NET statistics.
Next is MARA Holdings with 50,639 BTC, which holds less than one-twelfth in size compared to those at MicroStrategy.
Bitcoin reached a historical high point at $123,100 on July 14 before it slid to $118,035 at publication time.
Ethereum also made significant gains, with its value at $4,224, which is up by 23% during the past thirty days.
The Ethereum price appreciation comes following forecasts of a rebound after falling into March below $2,000, sparking fresh institutional buying.
Analysts attribute this price surge to increased demand from exchange-traded funds and major publicly listed companies expanding their Ether portfolios.
Michael Saylor Maintains Exclusive Focus on Bitcoin
Cointelegraph reports that public companies’ Ether holdings are now valued at $11.77 billion, showing strong corporate interest in the asset.
BitMine Immersion Technologies takes the first spot in Ether holdings, owning 833,100 ETH, equivalent to $3.2 billion, putting it among other top crypto holders worldwide.
Next come SharpLink Gaming, holding $2 billion in Ether, and The Ether Machine holding assets in Ether worth around $1.34 billion.
The Ethereum Foundation and PulseChain are among the top five largest Ether-holding organizations, serving public and institutional investors in the sector.
Saylor, though, remains wholly invested in Bitcoin, labeling it virtual capital and the foundation for long-term institutional investment plans.
He asserts Bitcoin will consistently outperform major financial indices, reinforcing his belief that it offers unmatched security, scarcity, and market potential.
