🤔 Strategy suddenly stopped buying after five straight weeks—is Saylor gearing up for something big?
According to a 10/26 report by The Block, an 8-K filing from Strategy shows that the company neither bought nor sold any Bitcoin during the week of October 19–25, ending five consecutive weeks of accumulation.
📋 Key figures
• Holdings unchanged: 848,517 BTC, worth approximately $67.9 billion, or more than 4% of Bitcoin’s total supply
• Average cost: approximately $75,446 per BTC; total cost: approximately $64 billion. The holdings are still in the money
• Where did this week’s money go? Strategy repurchased approximately 2.07 million STRC preferred shares for about $204.9 million
• As of 10/25: $4.83 billion in USD reserves and $242.4 million in cash
• MSTR shares fell 6.9% last week, closing at $146.02 on Friday
🔍 How to read this
• No buying ≠ bearish: holdings haven’t decreased; the company simply used the funds to repurchase preferred shares
• The pressure behind it: New MSCI rules could exclude “non-operating” companies like Strategy from its indexes, making it harder for the company to raise funds by issuing shares and buying crypto
• Market impact: The market has lost a steady major buyer, which may weigh on short-term sentiment. Plus, the Fed meeting is this Wednesday (10/28)
📉 BTC is currently around $80,000, with a recent weekly low of about $79,200 and a high of about $82,600:
• Support: $79,000
• Resistance: $82,600
💬 Do you think Strategy’s pause in buying crypto is a strategic adjustment or a sign that financing conditions are tightening? Join the discussion in the comments 👇
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#Strategy #比特币 #MSTR #BTC
⚠️ This is not investment advice. Please be aware of the risks.
According to a 10/26 report by The Block, an 8-K filing from Strategy shows that the company neither bought nor sold any Bitcoin during the week of October 19–25, ending five consecutive weeks of accumulation.
📋 Key figures
• Holdings unchanged: 848,517 BTC, worth approximately $67.9 billion, or more than 4% of Bitcoin’s total supply
• Average cost: approximately $75,446 per BTC; total cost: approximately $64 billion. The holdings are still in the money
• Where did this week’s money go? Strategy repurchased approximately 2.07 million STRC preferred shares for about $204.9 million
• As of 10/25: $4.83 billion in USD reserves and $242.4 million in cash
• MSTR shares fell 6.9% last week, closing at $146.02 on Friday
🔍 How to read this
• No buying ≠ bearish: holdings haven’t decreased; the company simply used the funds to repurchase preferred shares
• The pressure behind it: New MSCI rules could exclude “non-operating” companies like Strategy from its indexes, making it harder for the company to raise funds by issuing shares and buying crypto
• Market impact: The market has lost a steady major buyer, which may weigh on short-term sentiment. Plus, the Fed meeting is this Wednesday (10/28)
📉 BTC is currently around $80,000, with a recent weekly low of about $79,200 and a high of about $82,600:
• Support: $79,000
• Resistance: $82,600
💬 Do you think Strategy’s pause in buying crypto is a strategic adjustment or a sign that financing conditions are tightening? Join the discussion in the comments 👇
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#Strategy #比特币 #MSTR #BTC
⚠️ This is not investment advice. Please be aware of the risks.
