Michael Saylor rallies Wall Street to confront Bitcoin’s quantum threat

Michael Saylor’s Strategy has joined eight financial firms in pledging $15 million over three years to protect Bitcoin, starting with preparations for potential quantum-computing threats. Summary Strategy and eight financial firms pledged $15 million to strengthen Bitcoin’s long-term security. BlackRock, Coinbase, ARK Invest and others will independently fund developers and researchers. Quantum readiness will be the consortium’s first focus despite uncertain threat timelines. Strategy announced the Bitcoin Security Consortium in a press release, naming Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity Digital Assets and Galaxy Digital as its other founding members. Today we're announcing the Bitcoin Security Consortium @BTCconsortium: a group of leading financial institutions and Bitcoin companies supporting the long-term security of the Bitcoin network.Members have pledged $15 million toward this work over the next three years. pic.twitter.com/0Wh4G7xEqJ— Strategy (@Strategy) July 23, 2026 Drawn from several parts of the institutional Bitcoin market, the coalition includes exchange-traded fund issuers, custodians and infrastructure companies. BlackRo...