Well I’m think more of an application that can leverage the bitcoin open network and make a great product or service that people want to use. It’s possible but not guaranteed.
I don’t consider strategy a true bitcoin business. They are just doing financial engineering. Plus their core business didn’t include consumers
You're totally right about Strategy, it's not a proper Bitcoin company. Honestly, I can't see any Bitcoin business getting valuations anywhere near this. Unless they've got loads of Bitcoin stashed away, perhaps!