Michael Saylor Says Bitcoin Is Eating Real Estate Value

• Saylor says Bitcoin is replacing real estate and gold as a long-term store of value.
• Cardone Capital joins Strategy in reallocating wealth from property into Bitcoin holdings.
• Over 160 firms hold Bitcoin, marking its rise as a treasury-grade corporate asset.

Michael Saylor believes Bitcoin is emerging as a modern alternative to traditional stores of value. His company, Strategy, holds over 630,000 Bitcoin. Saylor believes Bitcoin is “demonetizing” assets like gold and real estate. Cardone Capital’s recent Bitcoin accumulation appears to support that view. Both companies reflect a growing trend. Institutions are now treating Bitcoin as a treasury-grade asset rather than a speculative investment.

Saylor made his comments during a CNBC interview. He refuted claims of attempting to monopolize the Bitcoin market. He stated that owning just 3% to 7% of the total supply would be substantial. He argued that Bitcoin should be broadly held by institutions, not dominated by any single company. Strategy’s actions are aimed at expanding access, not limiting it.

Bitcoin Replaces Real Estate in Corporate Treasuries

Over 160 firms have added Bitcoin to their treasury holdings. Publicly traded companies account for nearly one million coins, representing around 4.5% of the total supply. Saylor views this as the beginning of a broader financial shift. He compared Bitcoin’s rise to the decline of traditional physical stores of wealth like real estate and private equity.

Saylor noted that regulatory limits block tech firms like Apple and Microsoft from buying other companies or index funds. That leaves few options for capital deployment. Bitcoin, according to Saylor, fills this gap. He suggested that companies holding large amounts of cash need alternatives to fiat and are beginning to choose Bitcoin.

The recent purchases of Bitcoin by Cardone Capital further confirm that this is indeed a trend. Similarly to Strategy, Cardone has started pouring assets out of the real estate and into digital. The action is consistent with the assertion by Saylor that Bitcoin is starving other physical assets of funds. This is a strategy that puts Bitcoin at par with real estate investments.

Strategy has launched four IPOs this year. The most recent, called Stretch, raised $2.5 billion and that money is being used to buy more Bitcoin. Stretch is designed to offer lower volatility and monthly yield. It targets investors seeking structured exposure with capital protection.

Strategy Tailors Bitcoin for Traditional Investors

Saylor explained the structure of Strategy’s offerings. One product mimics 2x Bitcoin for aggressive investors. Another, Strike, provides 80% of Bitcoin’s upside and includes a 20% dividend. Stretch competes with money markets, offering low-risk yield with exposure to Bitcoin.

The average cost of Strategy’s Bitcoin holdings is about $73,000. Saylor stated that the company transforms Bitcoin into financial products suited for conventional investors. These tools strip out volatility and fit different risk profiles. The goal is to bridge institutional demand with the realities of Bitcoin’s price movement.

When asked about tech firms parking capital in Bitcoin, Saylor cited regulatory barriers. He said companies can’t buy other companies’ stock, which restricts capital allocation choices. That makes Bitcoin one of the only assets available that can preserve and grow treasury funds.

He rejected the notion that Strategy seeks to dominate the Bitcoin market. Saylor pointed out that other investors hold 97% of the total supply. He compared Strategy’s stake to BlackRock’s in various sectors, stressing the aim is meaningful participation, not control.

The shift from physical to digital stores of value appears to be accelerating. As companies like Strategy and Cardone continue buying Bitcoin, the trend signals a potential realignment. Real estate may no longer be the default destination for corporate wealth. Bitcoin is emerging as a new standard and institutions are beginning to take notice.