BTC falls below Strategy's $75K cost basis, yet Saylor stacks 1,036 BTC, taking holdings past 850,000 "It never hurts when Michael Saylor steps back in the game. Strategy has…
Original source excerpt
$BTC falls below Strategy's $75K cost basis, yet Saylor stacks 1,036 BTC, taking holdings past 850,000 "It never hurts when Michael Saylor steps back in the game. Strategy has acquired 1,036 Bitcoin …
$BTC falls below Strategy's $75K cost basis, yet Saylor stacks 1,036 BTC, taking holdings past 850,000 "It never hurts when Michael Saylor steps back in the game. Strategy has acquired 1,036 Bitcoin and repurchased $188 million of STRC." "I keep seeing stories again that now Saylor's underwater and it's apparently a big problem. This guy has spent, I feel like, the majority of his time buying Bitcoin underwater." "It doesn't matter what Saylor's cost basis is. He's never getting liquidated. He's never getting margin calls unless Bitcoin goes down to $10,000, $15,000 and stays there for a few years." "To fund all this, Strategy sold approximately 2.05 million MSTR shares for $283.8 million." "If Saylor is finding new ways to buy 1,000 Bitcoin, still small for him, a week, I think we can start to have a little more renewed confidence that we will have some base buyers back in the market."
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