Michael Saylor said Bitcoin treasury rivals such as Strive are allies, even though they compete with Strategy for investors. According to NS3.AI, he argued that these companies can benefit one another by increasing Bitcoin demand and strengthening investor confidence in their credit products and business models.

Saylor cited SIFMA data showing that global equity markets reached $157.8 trillion and global fixed-income debt reached $160.7 trillion by the end of 2025. He said Bitcoin treasury companies should focus on gaining a share of those markets rather than competing with each other.