🦈 $BTC SAYLOR JUST SOLD ANOTHER 1,690 — BUT I'M NOT CALLING HIM BEARISH
Michael Saylor just recycled $108.6M of $BTC into preferred-share buybacks — that's capital engineering, not capitulation. 📊 Strategy still holds 840,447 BTC, sitting underwater with an average cost near $75K while spot trades around $65K.
The sharp read: this week's sale amounts to less than 1% of treasury. In the same window, MSTR common-stock sales pumped $653M into the dollar reserve, now at a formidable $4.65B. 🐋 This is balance-sheet fortification before the next storm, not a white flag. The machine has $1.76B in annual preferred obligations to service — and Bitcoin is just one tool in the kit, not the whole playbook.
The real question the market keeps circling: how large does this sale size grow if BTC spirals deeper? 💬 That's the number I'm watching every week. What's yours? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Strategy #Crypto #CapitalMarkets
🦈 👁️
Michael Saylor just recycled $108.6M of $BTC into preferred-share buybacks — that's capital engineering, not capitulation. 📊 Strategy still holds 840,447 BTC, sitting underwater with an average cost near $75K while spot trades around $65K.
The sharp read: this week's sale amounts to less than 1% of treasury. In the same window, MSTR common-stock sales pumped $653M into the dollar reserve, now at a formidable $4.65B. 🐋 This is balance-sheet fortification before the next storm, not a white flag. The machine has $1.76B in annual preferred obligations to service — and Bitcoin is just one tool in the kit, not the whole playbook.
The real question the market keeps circling: how large does this sale size grow if BTC spirals deeper? 💬 That's the number I'm watching every week. What's yours? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Strategy #Crypto #CapitalMarkets
🦈 👁️