Strategy is now underwater on its Bitcoin stack, and it just bought more anyway.
Per Saylor's Monday update, the company added 1,036 $BTC and now holds 850,364 BTC. Its last disclosed average cost is about $75,451 per coin, and BTC is trading near $74,500 as I write, so the pile sits roughly $800M under cost on paper. A month ago that same stack showed around $10B in paper gains.
Strive kept buying too, adding 29 BTC to reach 43,153 BTC.
My take: paper losses alone don't force anyone to sell spot coins, so I'm not reading this as a crash trigger. The real thing to watch is how these treasury firms keep raising money while their stock premiums shrink. If BTC reclaims $76,000 the headline flips back fast; if it slides toward $70,000 the "treasury companies are trapped" story gets loud.
#Bitcoin #MicroStrategy #CryptoNews #BTC
Not financial advice.
Per Saylor's Monday update, the company added 1,036 $BTC and now holds 850,364 BTC. Its last disclosed average cost is about $75,451 per coin, and BTC is trading near $74,500 as I write, so the pile sits roughly $800M under cost on paper. A month ago that same stack showed around $10B in paper gains.
Strive kept buying too, adding 29 BTC to reach 43,153 BTC.
My take: paper losses alone don't force anyone to sell spot coins, so I'm not reading this as a crash trigger. The real thing to watch is how these treasury firms keep raising money while their stock premiums shrink. If BTC reclaims $76,000 the headline flips back fast; if it slides toward $70,000 the "treasury companies are trapped" story gets loud.
#Bitcoin #MicroStrategy #CryptoNews #BTC
Not financial advice.
