Why MicroStrategyās Collapse Could Be the Next Black Swan for Crypto in 2026
Strategy (formerly MicroStrategy) is the largest corporate holder of Bitcoin, owning 671,268 BTC, which represents over 3.2% of all Bitcoin in circulation. That makes the company a high-risk keystone in the Bitcoin ecosystem.Ā If it falls apart, the impact could be larger than the 2022 FTX collapse. ā¦