Picture this: Bitcoin jumps more than $16,000 in a single week, and Strategy sits on its hands.
For traders, missing the cleanest entry is painful enough. Watching a company raise billions while you are deciding whether to chase the breakout adds another layer of FOMO.
Between August 17 and August 23, Strategy bought zero BTC. Instead, it raised $2 billion through MSTR share sales and moved the proceeds into fiat reserves and its USD Cash pool, taking total dollar liquidity to $6.69 billion.
That is the interesting comparison. Retail often buys after the candle has already moved, while Strategy appears to be building optionality for a cheaper entry. It may have missed the best week in hindsight, but the cash gives the company room to act if $BTC pulls back, much like keeping dry powder during a crowded trade in $MSTR .
Was Strategy disciplined, or did it simply miss the move? Where do you think this goes from here?
#Bitcoin #BTC #MicroStrategy
For traders, missing the cleanest entry is painful enough. Watching a company raise billions while you are deciding whether to chase the breakout adds another layer of FOMO.
Between August 17 and August 23, Strategy bought zero BTC. Instead, it raised $2 billion through MSTR share sales and moved the proceeds into fiat reserves and its USD Cash pool, taking total dollar liquidity to $6.69 billion.
That is the interesting comparison. Retail often buys after the candle has already moved, while Strategy appears to be building optionality for a cheaper entry. It may have missed the best week in hindsight, but the cash gives the company room to act if $BTC pulls back, much like keeping dry powder during a crowded trade in $MSTR .
Was Strategy disciplined, or did it simply miss the move? Where do you think this goes from here?
#Bitcoin #BTC #MicroStrategy
