The world’s biggest Bitcoin hoarder is close to being brought back down to earth: Strategy holds 849,327 $BTC , at an average cost of $75,451, for a total cost of $64.08 billion (November 2 SEC filing). BTC is now around $75,955, leaving just about $428 million in unrealized gains—only 0.67% above cost. At the start of the month, those gains were still over $2 billion; more than half evaporated in a week. Schiff is openly mocking them: last December, Saylor claimed BTC would rise 30% a year for the next 20 years. Meanwhile, gold climbed from $1,915.79 in August 2020 to $4,070.59, a gain of 112.5%. What stings even more is that Strategy has already sold about $432 million worth of BTC this year to pay preferred-stock dividends and buy back shares—saying it will never sell while quietly selling. The next holdings 8-K is due Monday (November 9). Watch to see whether the $75,451 cost basis holds—if BTC’s daily close falls below that line, the whole story changes.#BTC #Strategy