Samson Mow "Saylor, overtakes Musk if Bitcoin hits $4.2 million"

▲ Michael Saylor, Strategy (MSTR)/ChatGPT generated image

An analysis suggests that if the price of Bitcoin (BTC) reaches $4.2 million, Michael Saylor, Chairman of Strategy (MicroStrategy), could surpass Elon Musk to become the richest person in the world. U.Today reported, citing a mathematical model by Samson Mow, CEO of JAN3, that Saylor has the potential to exceed Musk's net worth based on a surge in Bitcoin's price and a premium on Strategy's stock price.

According to U.Today, as of mid-May 2026, Strategy holds a total of 818,869 BTC. Strategy acquired this amount for a total of $61.86 billion, with an average purchase price of $75,543. Saylor's actual Bitcoin exposure is estimated to be approximately 98,800 BTC. This figure combines 17,732 BTC held in personal wallets and the value of a 9.9% stake in Strategy's total Bitcoin holdings.

Musk's net worth is estimated to be approximately $839 billion to $850 billion. For Saylor to surpass this, his asset value would need to reach approximately $850 billion. If calculated solely based on Saylor's Bitcoin exposure, the price of Bitcoin would need to rise to $8.6 million.

However, Mow's model reflects that Strategy's stock trades at a premium to its net asset value. Strategy's MNAV premium was presented in the range of 1.01x to 1.32x relative to its net asset value. The analysis suggests that if this premium is maintained, the Bitcoin price required for Saylor to overtake Musk would be reduced from $8.6 million to $4.2 million.

However, this model calculated Musk's current assets at $839 billion and did not account for the possibility of future super-large projects such as SpaceX, Moon base construction revenue, or Dyson Spheres further expanding Musk's assets. U.Today also explained that the total of 19,794 BTC held by Tesla and SpaceX could also boost Musk's net worth if the cryptocurrency market continues to rise.

Saylor's wealth expansion scenario is also intertwined with Strategy's Bitcoin accumulation strategy. Strategy utilizes a strategy of continuing to purchase Bitcoin through the issuance of debt instruments, including STRD bonds, and if this structure is maintained, an "amplification effect" of wealth could occur, where Bitcoin price appreciation and corporate value expansion operate simultaneously.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. This content should be interpreted for informational purposes only.*