MicroStrategy Executive Chairman Michael Saylor said Bitcoin treasury companies including Strive can benefit from one another despite competing for investor capital, as each additional corporate purchase adds demand for an asset with fixed supply. MicroStrategy holds 847,666 BTC, while Strive ranks fifth among public corporate holders with 27,462 BTC. Saylor said wider issuance of income-paying securities, including MicroStrategy's STRC and Strive's SATA, could improve investor familiarity and lower borrowing costs across the sector. Strive CEO Matt Cole agreed that the companies are stronger together. Strive raised 85% of the funds for its latest Bitcoin purchase through SATA sales and paid an average $85,396 per coin, above Bitcoin's roughly $83,699 market price on Wednesday. DWF Ventures found that only four of the 20 largest crypto treasury stocks traded above the value of their coin holdings, underscoring investor concerns over valuation and financing risks.