Why is nobody talking about Strategy's latest $BTC buy as a live case study in corporate conviction?
Most traders keep getting shaken out of positions they actually believed in, selling dips and buying back higher, then wondering why they never build a real stack. That pattern costs more than any single bad trade.
Last week they spent $142.7 million on Bitcoin at an average price of $85,681. The treasury now holds 847,666 $BTC against a $75,437 cost basis. They raised $246.2 million by selling $MSTR shares, ran a $151.7 million STRC buyback, and still sit on roughly $1 billion in cash.
The usual take is that this is too aggressive, too concentrated, too dependent on the next Bitcoin rally. Maybe. What the numbers actually show is a company that refuses to treat $BTC like a trade. They bought above their own average cost and did not wait for a crash. That is the opposite of how most people in this market behave.
You do not have to copy the playbook. You do have to notice that one of the largest public Bitcoin holders just keeps adding while the debate about whether this strategy even works never really ends.
What's your take on a firm that treats every week like another chance to stack?
#Bitcoin #MicroStrategy #Crypto
Most traders keep getting shaken out of positions they actually believed in, selling dips and buying back higher, then wondering why they never build a real stack. That pattern costs more than any single bad trade.
Last week they spent $142.7 million on Bitcoin at an average price of $85,681. The treasury now holds 847,666 $BTC against a $75,437 cost basis. They raised $246.2 million by selling $MSTR shares, ran a $151.7 million STRC buyback, and still sit on roughly $1 billion in cash.
The usual take is that this is too aggressive, too concentrated, too dependent on the next Bitcoin rally. Maybe. What the numbers actually show is a company that refuses to treat $BTC like a trade. They bought above their own average cost and did not wait for a crash. That is the opposite of how most people in this market behave.
You do not have to copy the playbook. You do have to notice that one of the largest public Bitcoin holders just keeps adding while the debate about whether this strategy even works never really ends.
What's your take on a firm that treats every week like another chance to stack?
#Bitcoin #MicroStrategy #Crypto
