Strive Exec: Strategy’s Bitcoin Holdings Could Hit $161.8B at Prior BTC/Gold High

The significance here is less about the price target than about the balance-sheet optics for the largest corporate bitcoin holder. A scenario where the BTC/gold ratio simply retraces a prior high would put Strategy's position deeply in unrealized profit relative to its average cost, which matters for how its treasury strategy is perceived. The open question is whether the BTC/gold ratio is treated as a meaningful valuation anchor or as a coincidental correlation, since the entire calculation rests on that relationship holding.