Meliuz adviser likens Strategy to Standard Oil in Bitcoin accumulation push

Chris Millas, an adviser to Brazilian fintech company Meliuz, which has been accumulating Bitcoin, likened Strategy (MSTR) to Standard Oil, the oil company founded by John D. Rockefeller. In a post on X, Millas said Strategy was maximizing Bitcoin’s utility by turning BTC into products tailored to investor demand, much as Standard Oil refined crude into products aligned with consumer demand. Millas added that just as Rockefeller built the world’s most valuable company by refining oil, Michael Saylor was "refining" BTC to build the world’s most valuable company.