A company made $509 million in the third quarter. How much do you think its core business made?
$2.7 million.
The remaining $533.7 million was all paper gains from the Bitcoin it holds—the coins haven’t been sold, but the profits have already hit the books.
Strive just filed its Q3 report. It was actually still down $14.47 million for the first nine months of the year.
What stings even more is its October purchase: it spent $1.26 billion snapping up 15,124 $BTC at an average price of $83,310.
As of today $BTC 75713, that batch is sitting on an unrealized loss of about $115 million, or -9.1%.
It holds 43,124 coins worth about $3.26 billion, making it the fourth-largest Bitcoin treasury in the U.S.
Are treasury companies smart money buying the dip, or bagholders left stranded at the top?
A: Holding 43,124 coins, and buying more if the price drops
B: Chasing the market at an average price of $83,310, with profits all from unrealized gains—Strategy has already played this one out
Pick a side. See you in the comments.
$BTC $ETH
#比特币 #财库公司 #Strive
$2.7 million.
The remaining $533.7 million was all paper gains from the Bitcoin it holds—the coins haven’t been sold, but the profits have already hit the books.
Strive just filed its Q3 report. It was actually still down $14.47 million for the first nine months of the year.
What stings even more is its October purchase: it spent $1.26 billion snapping up 15,124 $BTC at an average price of $83,310.
As of today $BTC 75713, that batch is sitting on an unrealized loss of about $115 million, or -9.1%.
It holds 43,124 coins worth about $3.26 billion, making it the fourth-largest Bitcoin treasury in the U.S.
Are treasury companies smart money buying the dip, or bagholders left stranded at the top?
A: Holding 43,124 coins, and buying more if the price drops
B: Chasing the market at an average price of $83,310, with profits all from unrealized gains—Strategy has already played this one out
Pick a side. See you in the comments.
$BTC $ETH
#比特币 #财库公司 #Strive
