Michael Saylor’s Strategy is likely to register an unrealized gain of about $14 billion in the second quarter, putting the once floundering enterprise software maker turned leveraged Bitcoin proxy among the select ranks of corporate titans such as Amazon.

In his "The Power of 21" presentation, Saylor specifically points out the new pro-crypto approach of the Trump administration, which has led to new euphoria around Bitcoin as an asset class. The White House has gone all-in on Bitcoin, even going so far as to establish a Strategic Bitcoin Reserve.