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CoinDesk·3 min read·medium

Bitcoin's biggest holders, Strategy and Metaplanet, are betting on math, not price

O
Omkar Godbole
Bitcoin's biggest holders, Strategy and Metaplanet, are betting on math, not price
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Corporate Bitcoin holders Metaplanet and Strategy are maintaining their long-term investment strategy despite recent price volatility. Executives argue that Bitcoin's fixed supply of 21 million coins serves as a hedge against global fiat currency expansion.

Why it matters

This highlights the growing trend of institutional treasury management using digital assets as a store of value against macroeconomic inflation.

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Bitcoin BTC $ 63,580.80 continues to trade in a narrow price band, and two of its biggest corporate believers aren't blinking.

Simon Gerovich, CEO of Metaplanet, and Michael Saylor, executive chairman of Strategy, two of the cryptocurrency’s biggest corporate holders, have doubled down on their argument that BTC’s maximum issuance of 21 million coins beats infinite money printing, whatever the price is doing this week.

On Sunday, Gerovich noted that the global M2 money supply has reached an all-time high of over $100 trillion, calling it a bullish long-term tailwind for the cryptocurrency.

“Bitcoin's price has decoupled from liquidity over the past year. But supply schedules don't change,” Gerovich said. “21 million will always be 21 million. When the money supply expands forever, you hold the asset that can't. That's why we hold hard money.”

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