Strategy delisting: risk to Bitcoin buying
Strategy is the biggest corporate Bitcoin buyer.
It held 848,250 BTC at the time of its last reported purchase.
If its stock falls or demand drops, it may find it harder to raise money.
Less money could mean fewer Bitcoin purchases in future.
CryptoQuant noted in June that all of Strategy's 2024–2026 BTC purchases are at a loss.
This is the risk the headline talks about, not a confirmed result. #StrategyFaces$2.8BSelloffRiskFromMSCIRemoval #ZcashFallsBelow$1000ForFirstTimeSinceSeptember #AnthropicRejectsIPODelayValuationinQuestion #HotCPIDecemberHikePriced #BitcoinETFsLose$1.6BInNovember $BTC $ETH
$BNB
Strategy is the biggest corporate Bitcoin buyer.
It held 848,250 BTC at the time of its last reported purchase.
If its stock falls or demand drops, it may find it harder to raise money.
Less money could mean fewer Bitcoin purchases in future.
CryptoQuant noted in June that all of Strategy's 2024–2026 BTC purchases are at a loss.
This is the risk the headline talks about, not a confirmed result. #StrategyFaces$2.8BSelloffRiskFromMSCIRemoval #ZcashFallsBelow$1000ForFirstTimeSinceSeptember #AnthropicRejectsIPODelayValuationinQuestion #HotCPIDecemberHikePriced #BitcoinETFsLose$1.6BInNovember $BTC $ETH
$BNB
