Strategy CEO Phong Le outlines the company's plan to accumulate bitcoin by leveraging a flexible capital structure that includes long-dated debt and opportunistic equity access. With no near-term refinancing risk, Strategy aims to navigate market cycles effectively while continuing its transition from a software firm to a bitcoin-focused enterprise.

Metaplanet has increased its bitcoin holdings by acquiring 319 BTC, bringing its total to 4,525 BTC as part of its aggressive treasury expansion strategy. The company's recent purchases are supported by capital market activities and aim to enhance shareholder value, with a notable BTC yield of 95.6% for Q1 2025.

Digital Asset Treasury Companies (DATCOs) have emerged as public firms strategically accumulating digital assets, primarily bitcoin, with a collective holding surpassing $100 billion. They are reshaping capital markets by providing institutional investors compliant exposure to cryptocurrencies, while also facing potential risks from market volatility and regulatory changes. The landscape is evolving, with new entrants diversifying their asset strategies beyond just bitcoin and ethereum.