As altcoin-focused financial companies increase, Michael Saylor, co-founder of Strategy (formerly MicroStrategy), has reaffirmed his dedication to Bitcoin.
Saylor views the increasing adoption of altcoins as part of a broader 'innovation explosion' in the digital asset space, believing it will ultimately strengthen the entire sector, including Bitcoin.
Bitcoin First: Michael Saylor's Focus Amid Altcoin Surge
In an interview with Bloomberg, Bitcoin maximalist Saylor emphasized that despite increasing interest in altcoins, most capital is still flowing into Bitcoin.
"So I'm focused on Bitcoin," he said.
The Strategy co-founder revealed that the number of companies adding Bitcoin to their finances has more than doubled from 60 to 160 in six months. Saylor also referred to Bitcoin as 'digital capital'.
He predicted it would outperform the S&P 500 in the long term.
"I think this is the clearest global monetary commodity in the world right now. So if you want to outperform the S&P and breathe life into your financial statements, it's the lowest risk, highest return, simplest strategy," Saylor added.
His recent statements came after Strategy announced its third-largest Bitcoin purchase. From July 28 to August 3, the company bought 21,021 BTC for $2.46 billion. The company, as the largest public holder, now owns 628,791 BTC, valued at $7.433 billion.
Strategy's Bitcoin investment has also proven profitable. In the second quarter, the company reported a net income of $1.002 billion, a turnaround from its first-quarter loss.
End of Bitcoin-Only Vaults? ETH Gains Attention
While Saylor's confidence in Bitcoin remains unshaken, Ethereum is becoming the next preferred choice for many institutional investors. And they have good reasons.
Industry leaders point to adaptability, evolving ecosystem, and diverse applicationsโfrom tokenization to enterprise solutionsโas factors driving long-term confidence. In fact, Standard Chartered's Jeff Kendrick argued that Ethereum-focused financial companies are "more rational" than Bitcoin-focused ones.
"Due to staking yields, DeFi leverage. And from a regulatory arbitrage perspective, they are more rational compared to BTC."
Additionally, Shawn Young, senior analyst at MEXC Research, recently told BeInCrypto that the industry has moved beyond the era of Bitcoin-only corporate finance.
"Companies are increasingly diversifying across ETH, SOL, BNB, TON, treating them as strategic assets aligned with the evolving structure of digital finance. This represents a significant departure from traditional institutional finance playbooks. Companies are beginning to align their financial portfolios with the operational logic of crypto-native ecosystems, prioritizing exposure to liquidity, programmability, and on-chain growth sectors," Young noted.
He explained that companies publicly disclosing digital asset holdings are setting new standards. According to Young, companies integrating cryptocurrencies into their finances today can contribute to forming new corporate standards in the coming years.
