The history of corporate finance is punctuated by bold decisions, but very few can rival the trajectory taken by Strategy (and its iconic CEO, Michael Saylor) over the past few years. What began as a simple treasury diversification maneuver to hedge against inflation has, as of this March 2026, evolved into an unrelenting capital-absorbing machine that is actively redefining the laws of supply and demand in the cryptocurrency market.
By recently adding another 22,337 BTC to its vaults, the company is no longer merely betting on Bitcoin’s future : it is structurally dictating Bitcoin’s scarcity. Since the dawn of 2025, Strategy has achieved the unthinkable by accumulating more Bitcoins than the entire global network has issued.
Faced with this unprecedented dynamic, a burning question arises : are we on the brink of an unparalleled liquidity shock ? Here is a deep dive into a financial strategy that defies all conventional wisdom.
A Frenzied Accumulation : The Numbers Behind an Unshakable Conviction
Michael Saylor’s recent announcement landed like a thunderclap, even though it perfectly aligns with his unapologetic, long-term strategic vision. Between March 9 and March 15, 2026, Strategy executed the acquisition of 22,337 BTC. This titanic operation represents an injection of approximately $1.57 billion into the market, executed at a notably high average price of $70,194 per coin.
About AI application
Ben Shih is a designer and product builder who enjoys creating small, fun, and thoughtful products that make the world a little better. He’s currently a growth designer at Miro.
Lenny newsletter asked Ben Shih to share the step-by-step journey behind this wildly fun, video-game-inspired project—how he built it.
Here’s how Ben built it
When Ben build apps with AI, he usually follow a very simple flow :
1) Define the core idea :
Ben start by clarifying what the app is. For visually heavy products, Ben sketch it out so the AI can better understand the requirements.
2) Create a product requirement document (PRD) :
Ben turn the core idea into a proper PRD with the AI. This becomes the single source of truth for the build.
3) Create a proof of concept :
Ben use the PRD to plan implementation and build the core functionalities first.
4) Add remaining features :
Ben finish the end-to-end flow, such as connecting the database and building out settings, profile pages, and other non-core features.
5) Polish :
Ben go through the app end-to-end, fix UX/UI details, and do final code reviews to make sure everything is stable.
6) Ship it :
Ben deploy, get feedback, and get it out into the world.
The process isn’t that different from before the AI era. But now Ben really make sure that he spend enough time on the first two steps to ensure that the AI gets all the context of what he want. In his experience, nailing the core idea and PRD determines 80% of how smooth the rest of the build will be.
Here are the main tools and technologies Ben used throughout the build :
A) Ideation and planning : Miro, ChatGPT
B) Coding : Claude Code, Codex, Cursor
C) Image generation : GPT Image Gen (gpt-image-1.5)
D) Quiz generation : GPT-4o
E) Game engine : Phaser 3
F) Database : Supabase
G) Deployment : Vercel
We will walk through how Ben used this process to build his RPG game. He’ll share the exact prompts, tools, and decisions at each step so we can apply the same workflow to our own projects next time.
