Last week, a trader watched Strategy raise $3.28B and still not touch $BTC .
That is the part many people miss. Sitting in cash can look disciplined, but in crypto it also creates a different risk: watching the move happen without you, then feeling forced to chase it later. That is how people end up buying strength too late and getting trapped on the next pullback.
The numbers are the real signal here. Strategy sold its own shares in August, brought in $3.28B, and none of it went into Bitcoin. Instead, it is sitting on about $6.69B in USD, which gives it a lot of firepower for future $BTC buys.
The bigger warning is in the timing. The company has not bought Bitcoin since June 22, and since then it has sold 6,916 BTC, including 3,328 BTC in August. At the same time, BTC is back above $79K, above Strategy's average cost of $75,385. That is exactly where the market gets tricky for $MSTR holders and late buyers alike: the thesis still works, but the entry discipline matters more than the headline.
What's your take on what Strategy does with that $6.69B next?
#Bitcoin #MSTR #CryptoMarket
That is the part many people miss. Sitting in cash can look disciplined, but in crypto it also creates a different risk: watching the move happen without you, then feeling forced to chase it later. That is how people end up buying strength too late and getting trapped on the next pullback.
The numbers are the real signal here. Strategy sold its own shares in August, brought in $3.28B, and none of it went into Bitcoin. Instead, it is sitting on about $6.69B in USD, which gives it a lot of firepower for future $BTC buys.
The bigger warning is in the timing. The company has not bought Bitcoin since June 22, and since then it has sold 6,916 BTC, including 3,328 BTC in August. At the same time, BTC is back above $79K, above Strategy's average cost of $75,385. That is exactly where the market gets tricky for $MSTR holders and late buyers alike: the thesis still works, but the entry discipline matters more than the headline.
What's your take on what Strategy does with that $6.69B next?
#Bitcoin #MSTR #CryptoMarket
