🚨 Stop for three weeks, and when Saylor is back, he buys 950 Bitcoins—has Strategy’s coin-hoarding machine restarted?
But the real big money spent this week isn’t on those coins; it’s on the $174 million preferred shares he repurchased in the opposite direction.
Group: 点击进入玖玖的粉丝群
From September 14 to 20, Strategy used $75.7 million in cash to buy 950 Bitcoins, averaging about $79,670 per coin. The previous time it acted was August 31, when it bought 4,603 Bitcoins at once, with an average price of $80,318. It paused for a full three weeks in between, and even sold some coins during that period.
After adding to its holdings, it reached 846,000 Bitcoins, with a cumulative investment of $6.38 billion; the overall average price was brought down to about $75,416 per coin. This time the move was made with cash, not by issuing new shares.
📊 But the real highlight this week isn’t buying coins. In the same disclosure, Strategy also repurchased $174 million worth of STRC preferred shares, plus paid $57.4 million in preferred share dividends and interest. Buying coins for $75.7 million and repurchasing preferred shares for $174 million— the latter is 2.3 times the former.
🔥 While absorbing Bitcoin at low levels, it also uses cash to buy back its own high-cost preferred shares. It still has $5.04 billion USD in reserves and $1.05 billion in cash on hand. The backdrop is that over the past few days, Bitcoin has rebounded from around $63,000 all the way back above $85,000, giving it a fresh window to make another move. The company’s actions are increasingly starting to resemble managing a balance sheet.
🪙 The real number to watch isn’t the 950 figure. It’s that a coin-hoarding company is turning into an asset management company—managing its own capital structure, not just hoarding coins.
⚠️ Don’t rush to copycat. Buying with cash means ammunition is limited. Once the coin price falls back below its cost basis for holdings, the pressure will first fall on the preferred shares and dividends—not on the coin price itself.
👀 One camp says this is the most steadfast long-term bullish stance, while the other says it’s a story propped up by capital operations. Which side are you on? Let’s chat in the comments 👇
Click the avatar to watch the live stream + join the 玖玖 chat group to get daily strategies 🚀
#比特币 #BTC #ETF #US Stocks
But the real big money spent this week isn’t on those coins; it’s on the $174 million preferred shares he repurchased in the opposite direction.
Group: 点击进入玖玖的粉丝群
From September 14 to 20, Strategy used $75.7 million in cash to buy 950 Bitcoins, averaging about $79,670 per coin. The previous time it acted was August 31, when it bought 4,603 Bitcoins at once, with an average price of $80,318. It paused for a full three weeks in between, and even sold some coins during that period.
After adding to its holdings, it reached 846,000 Bitcoins, with a cumulative investment of $6.38 billion; the overall average price was brought down to about $75,416 per coin. This time the move was made with cash, not by issuing new shares.
📊 But the real highlight this week isn’t buying coins. In the same disclosure, Strategy also repurchased $174 million worth of STRC preferred shares, plus paid $57.4 million in preferred share dividends and interest. Buying coins for $75.7 million and repurchasing preferred shares for $174 million— the latter is 2.3 times the former.
🔥 While absorbing Bitcoin at low levels, it also uses cash to buy back its own high-cost preferred shares. It still has $5.04 billion USD in reserves and $1.05 billion in cash on hand. The backdrop is that over the past few days, Bitcoin has rebounded from around $63,000 all the way back above $85,000, giving it a fresh window to make another move. The company’s actions are increasingly starting to resemble managing a balance sheet.
🪙 The real number to watch isn’t the 950 figure. It’s that a coin-hoarding company is turning into an asset management company—managing its own capital structure, not just hoarding coins.
⚠️ Don’t rush to copycat. Buying with cash means ammunition is limited. Once the coin price falls back below its cost basis for holdings, the pressure will first fall on the preferred shares and dividends—not on the coin price itself.
👀 One camp says this is the most steadfast long-term bullish stance, while the other says it’s a story propped up by capital operations. Which side are you on? Let’s chat in the comments 👇
Click the avatar to watch the live stream + join the 玖玖 chat group to get daily strategies 🚀
#比特币 #BTC #ETF #US Stocks
