As the price of bitcoin broke through $120,000, Michael Saylor wrote on the X platform that the market value of 640,031 bitcoin held by Strategy reached a high of $77.40 billion, surpassing the market value of Bank of New York Mellon, Sberbank of Russia, United Bank of America, Canadian Imperial Bank of Commerce, ING, Barclays, Deutsche Bank, ANZ Bank and Lloyds Bank, and equivalent to the GDP of Uruguay, Sri Lanka and Slovenia.