Strategy This time, it has literally clawed its way back up from underwater.
With BTC rebounding, Strategy’s floating profit on its Bitcoin holdings has already expanded to $5.02 billion.
Just consider this: during the toughest period not long ago, the paper loss at one point was nearly $10 billion.
At the moment, Strategy still has about 845,000 BTC, along with $6.4 billion in reserve assets.
This is the most real side of going heavy on Bitcoin:
When it drops, the whole market is calculating when it might finally break;
when it climbs back, those tens or even hundreds of billions in paper fluctuation can be clawed back by a single rebound.
Michael Saylor’s ace of a move is still on the table.
Going forward, what I’m more interested in isn’t how much floating profit there is, but whether, if Bitcoin continues to move higher, Strategy will keep adding to its position.
This guy really can hold.
$BTC
$ETH
$SOL
With BTC rebounding, Strategy’s floating profit on its Bitcoin holdings has already expanded to $5.02 billion.
Just consider this: during the toughest period not long ago, the paper loss at one point was nearly $10 billion.
At the moment, Strategy still has about 845,000 BTC, along with $6.4 billion in reserve assets.
This is the most real side of going heavy on Bitcoin:
When it drops, the whole market is calculating when it might finally break;
when it climbs back, those tens or even hundreds of billions in paper fluctuation can be clawed back by a single rebound.
Michael Saylor’s ace of a move is still on the table.
Going forward, what I’m more interested in isn’t how much floating profit there is, but whether, if Bitcoin continues to move higher, Strategy will keep adding to its position.
This guy really can hold.
$BTC
$ETH
$SOL