🚨 BTC has fallen below Strategy’s average cost, and Saylor’s orange chart is back!
📉 Data (The Defiant/Reuters):
• Strategy holds 849,327 BTC at an average price of $75,451, with a cost basis of about $64.08 billion
• On Sunday, BTC plunged from $75,644 to $73,477 in one hour (Coinbase), liquidating over $1 billion in long positions
• The holdings are worth about $63.58 billion, roughly $500 million below cost
• Reuters: BTC hit a two-month low of $73,708; the fear index was 29
🧐 My take:
The average cost isn’t a liquidation level; based on its disclosed capital framework, falling below it won’t trigger a forced sale. But it has already sold about $432 million worth of BTC this year to pay preferred stock dividends. Today’s SEC filing is the key: buying or selling?
Saylor posted another buy-the-dip chart on Sunday, and Strive also hinted it would add to its holdings next week.
📌 Key levels: $73.5k (Sunday’s low), $75.4k (Strategy’s cost basis), $80k (treasury companies’ break-even level). With CPI due tomorrow night, volatility could pick up.
👉 Do you think Strategy will keep buying today, or publicly show weakness for the first time? Share your thoughts in the comments 👇
$BTC $ETH
#Strategy #比特币 #CryptoMarket
Personal opinion only; not investment advice
📉 Data (The Defiant/Reuters):
• Strategy holds 849,327 BTC at an average price of $75,451, with a cost basis of about $64.08 billion
• On Sunday, BTC plunged from $75,644 to $73,477 in one hour (Coinbase), liquidating over $1 billion in long positions
• The holdings are worth about $63.58 billion, roughly $500 million below cost
• Reuters: BTC hit a two-month low of $73,708; the fear index was 29
🧐 My take:
The average cost isn’t a liquidation level; based on its disclosed capital framework, falling below it won’t trigger a forced sale. But it has already sold about $432 million worth of BTC this year to pay preferred stock dividends. Today’s SEC filing is the key: buying or selling?
Saylor posted another buy-the-dip chart on Sunday, and Strive also hinted it would add to its holdings next week.
📌 Key levels: $73.5k (Sunday’s low), $75.4k (Strategy’s cost basis), $80k (treasury companies’ break-even level). With CPI due tomorrow night, volatility could pick up.
👉 Do you think Strategy will keep buying today, or publicly show weakness for the first time? Share your thoughts in the comments 👇
$BTC $ETH
#Strategy #比特币 #CryptoMarket
Personal opinion only; not investment advice
