Strategy just bought another 4,871 BTC

[AmaGold70]

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total ( See Here ). What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market. Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?





If this post is not appropriate for this section, please move it to the correct one.

Strategy has been a leading  company in the business of bitcoin purchase. Strategy company is being chairman by a Bitcoin fan and enthusiast Michael Saylor . This company understands how bitcoin investing works, and they invest in the bitcoin market from time to time despite the bitcoin market fluctuation. There might be losses within a short period of time, but because they are long term investment company who understands bitcoin, they are always full of confidence in the bitcoin market in the long run.
Bitcoin investors should emulate the pattern of this company strategy, because they have long time experience in bitcoin investing, and have also developed a buying pattern that work perfectly well for them.

[Easteregg69]

I bought 1 MSTR stock. Strategy inc. Official share holder.

Who's buying his coins back now? I love seeing Michael almost cry when he talks about the product.

Law of thermo dynamics dude. You can say I am finished. I would believe you can only get a certain amount of energy out of one beer.

You ask me about Greenland. I say you get that Island prison ready. Minigolf and everything. For the lesser.

[Free Market Capitalist]

The MNAV compression point is one of the more important ones in this thread, and I think a lot of MSTR holders don't fully understand what happens when that premium shrinks.

When MSTR was trading at 2x+ MNAV, the narrative made sense, you were paying up for Saylor's execution, leverage, and the "Bitcoin proxy" structure. But at 1.15x, that advantage is largely eroded. At that point, you're essentially paying extra for indirect BTC exposure while the gap continues to compress. Late entrants simply don't get the same leverage effect early buyers had.

The STRC side is where things get more questionable. An 11.5% yield backed by an asset that doesn't generate cash flow introduces a real structural dependency, either on continued BTC appreciation or ongoing capital inflows. And it has worked in a strong uptrend, but if BTC goes sideways for a prolonged period, the pressure shifts to the capital structure itself rather than the asset.

I'm not saying it's broken, but people are mixing two different ideas, being bullish on BTC vs assuming MSTR/STRC are automatically good vehicles at current levels. Those aren't the same trade anymore.

I gave you a merit even though I think you’re wrong about the MSTR part. At least you have an idea of what is going on, unlike most people that just repeat generalities about the topic. I agree with what you said about STRC, though.

As for MSTR, it makes much more sense to pay for it at an MNAV of 1.15 than it did when it was at 2 or higher. Even though Strategy holds more Bitcoins now, you’ll have to wait for it to buy fewer in the future to maintain the same exposure.

The problem is that, having bought so many Bitcoins, the previous narrative—that it made sense to buy MSTR because it would always trade at multiples of NAV—has been debunked. Saylor knows this, which is why he’s shifted to preferreds, especially STRC.

[test2026]

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total ( See Here ). What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market. Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?





If this post is not appropriate for this section, please move it to the correct one.

Thy are betting high on BTc and if the call comes out correct, they will make big money.

[m2017]

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total ( See Here ).

Who did they borrow money from this time to buy bitcoins?

What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

What amazes me most is that there are still borrowers willing to give money to buy bitcoin, a company that doesn't produce anything, but only buys bitcoin with borrowed money.

Remember the expression you often hear here, "never invest with borrowed money"? It seems that rule doesn't apply to Strategy.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market.

Does Strategy look like the company that owns bitcoins, which was bought with other company's money?

Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?

I suspect that Strategy is leaning toward the first option, otherwise it wouldn't have been accumulating this asset all this time.

By the way, those hesitant to invest in bitcoin should pay attention to Strategy's actions, because if the company is willing to take on debt to accumulate bitcoin, then there are likely promising opportunities.

[CryptoYar]

Staying separate from company moves is sign of great buyer wisdom thinking that it is very risky to follow company like Strategy.
Strategy currently has unbelievable paper loss of 14.46 billion, at average cost to buy of 75,644 and Bitcoin is at about 71,500. However, they have recently bought 4,871 extra BTC, showing that they are set for long term view and not day to day ups and downs of price.
Strategy is to me, taking huge focus risk and placing bets in place where current prices look to be steal, but, they can take hit over length of years when most people cannot.

[MinoRaiola]

If they would want to profit off of their bags - why not to sell

It may cause an uproar for a bit of time, but after that - who would care if they would buy it back eventually alongside other treasure-companies like itself?

Everyone has greed, and it sometimes (or often) drives them to make bad decisions. So if they sell, they should use the fiat money quickly, or the sale was a mistake. Fiat money loses its value, and it always will. Buying back, of course, you can do that too, but on that scale, several big players will want decide it also. Or there are check there deadlines that must be hold. We find out in the next 1–2 years, and I believe there will be something new in the upcoming bull run.

[henry_of_skalitz]

If they would want to profit off of their bags - why not to sell

It may cause an uproar for a bit of time, but after that - who would care if they would buy it back eventually alongside other treasure-companies like itself?

Everyone has greed, and it sometimes (or often) drives them to make bad decisions. So if they sell, they should use the fiat money quickly, or the sale was a mistake. Fiat money loses its value, and it always will. Buying back, of course, you can do that too, but on that scale, several big players will want decide it also. Or there are check there deadlines that must be hold. We find out in the next 1–2 years, and I believe there will be something new in the upcoming bull run.

Truly! Each run is not like the rest of them, changing the "meta" ever so slightly for everybody. That's why I love crypto space so much.

[MinoRaiola]

Truly! Each run is not like the rest of them, changing the "meta" ever so slightly for everybody. That's why I love crypto space so much.

Every bullrun had something special that fire it on. At last it was ETFs, bevor meme coins, and before that ICOs. Maybe artificial intelligence is next? I dont think there will be a new currency revolution, but many countries have high levels of fiat debt. In Germany, the largest debt package ever was approved, and the money was not used as planned, this will become a major problem in maybe 3–4 years because interest payments will become very high.

So what will 2029 bring?
StragetgyB with a globally banking license, where people deposit their fiat money into a regular bank account backed by Bitcoin? We will see, it is only three years away.

[Mahiyammahi]

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total ( See Here ). What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market. Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?

Suppose there is a situation where Bitcoin acceptance has increased greatly, and about 60–70% of the world's people have started using it. Naturally, such a large number of users will try to buy Bitcoin from the market.But if the number of sellers in the market is very small, meaning no one wants to sell their Bitcoin easily, then the supply will decrease and the demand will increase. In this situation, people will be forced to agree to buy Bitcoin at a higher price.

In this case, large holders or institutions such as MicroStrategy may have to buy Bitcoin at a higher price.
For this reason, it can be assumed that they are collecting Bitcoin regularly with a big long-term goal in mind.

[X-ray]

Thy are betting high on BTc and if the call comes out correct, they will make big money.

I was thinking that Strategy will sell all their bitcoin holding at 2025's bullish peak but instead they are accumulating until now.

Seems like they are really into buying bitcoin and holding as much as they can as they stated in various conference. The unrealized loss at Q1 didn't even budge their position and conviction.

Was doubting saylor for a long time and his stance about never selling his bitcoin. But honestly, I can see how bullish he is now.

[betswift]

Every bullrun had something special that fire it on. At last it was ETFs, bevor meme coins, and before that ICOs. Maybe artificial intelligence is next? I dont think there will be a new currency revolution, but many countries have high levels of fiat debt. In Germany, the largest debt package ever was approved, and the money was not used as planned, this will become a major problem in maybe 3–4 years because interest payments will become very high.

So what will 2029 bring?
StragetgyB with a globally banking license, where people deposit their fiat money into a regular bank account backed by Bitcoin? We will see, it is only three years away.

"AI cycle" is here on the radar, imo, it already was on the hype, and died down a bit, but maybe we will see this narrative becoming alive again through the years to come..

[Outhue]

It's pretty normally for institutions to keep buying but they can also sell at any time, it doesn't end there, Bitcoin price action will still do what it has to do, regardless of how many Bitcoin is been bought by companies or rich personal, it doesn't matter, also if there is no volume then there won't be a good price action, it seems people are still finding it hard to believe that we are already in a bear market, it's better to admit this so that you can prepare for many months to come, people should stop believing in buys that companies like strategy are doing, it changes nothing, what will happen will still happen.

[CryptoHeadlineNews]

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total ( See Here ). What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market. Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?

If this post is not appropriate for this section, please move it to the correct one.

This is actually a brilliant move my Micro strategy for acquiring this large number of Bitcoin by this time when is still struggling with price at this it's lowest moment, because with the way things are going right now, I won't be surprised to see Microstrategy surpasses Satoshi Nakamoto when it comes to the number of Bitcoin they own in possession. Because with the 766,9790 Bitcoin Microstrategy own today, all they need is just an extra 233,030 Bitcoin to reach a million Bitcoin held in possession. An with this current momentum, I won't be surprised to see them break this record anytime soon in the next 10years.

[AsvXrin]

It's pretty normally for institutions to keep buying but they can also sell at any time, it doesn't end there, Bitcoin price action will still do what it has to do, regardless of how many Bitcoin is been bought by companies or rich personal, it doesn't matter, also if there is no volume then there won't be a good price action, it seems people are still finding it hard to believe that we are already in a bear market, it's better to admit this so that you can prepare for many months to come, people should stop believing in buys that companies like strategy are doing, it changes nothing, what will happen will still happen.

Institutions buying more btc doesnt magically stop the market from doing its thing. Price moves on volume and sentiment, not just big buys. People still act surpricsed we're in a bear market, but its better to face it now and plan for the months ahead. Strategy buying more doesnt change the bigger picture, just dont get caught thinking its some game changer.

[snowpega]

Strategy i'm sure are buying for the very long time, i don't think they are looking at their huge unrealized losses this year, nor their current average purchase price. It is about the long term and the heights BTC could get to in the future, not a bad bet at all. However, i don't really like to look at what others do with BTC, even when it's big corporations like Strategy, my point is that i do not make decisions based on the actions of others. But it is good to see how strongly this company believes in BTC.

I was reading a post where Michael Slayor was saying that they are still holding more funds if in case they get stuck in more big losses in their bitcoin investment, they still can repay their debt with extra holding funds. This indicates that the company is still confident with their bitcoin holding and has no plan of selling thier bitcoin holdings.

There is no doubt that they are currently facing unrealised loss, but the company is still confident, which is also giving a little confidence to other investors. Besides this, I think that big money is controlling the current market sentiment because their statements can trigger the market in any direction. What do you think about that?

[Rustam Meraj]

It's pretty normally for institutions to keep buying but they can also sell at any time, it doesn't end there, Bitcoin price action will still do what it has to do, regardless of how many Bitcoin is been bought by companies or rich personal, it doesn't matter, also if there is no volume then there won't be a good price action, it seems people are still finding it hard to believe that we are already in a bear market, it's better to admit this so that you can prepare for many months to come, people should stop believing in buys that companies like strategy are doing, it changes nothing, what will happen will still happen.

Companies such as MicroStrategy are buying but since price of Bitcoin is now lower than their normal cost of buying it, and there is not enough trading amount or new money coming into market by normal people to cause price to rise, market is stuck or falling.
Although few experts are predicting supply hit due to amount of Bitcoin being moved to personal storage, state is likely to be tug of war with high interest rates continuing to stop market to grow, showing that you are correct in your doubt toward hype and are likely to face long time of low prices.

[Kelward]

Michael Saylor and Strategy, stands as role model to many of us that are doing DCA strategy, their unrelenting accumulation is a true testament that they believe 100% in the ability of Bitcoin to always recover after dip and reach ATH in every bull circles. I can confidently say that Strategy is the most believer in Bitcoin investment because no matter where price is they will accumulate without hesitation. I just hope that they don't have any plans of dumping on the market in the foreseeable future so that price will not plunge drastically and cause massive FUD in the market.

[Peanutswar]

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total ( See Here ). What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market. Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?

At the first place I guess they knew already the risk of havign an investment with the bitcoin or even joined at the crypto space but again this is a large scale of businesses who adapts the use of the cryptocurrency and some of them see the potential of the bitcoin and become their ETF's now its part of their investment but its tackled already how they will manage the risk, spend the funds properly and guess where is ideal to make an entry and exit in the market with that large sum of money possible it will last long until the market supply of the bitcoin already mined.

[betswift]

At the first place I guess they knew already the risk of havign an investment with the bitcoin or even joined at the crypto space but again this is a large scale of businesses who adapts the use of the cryptocurrency and some of them see the potential of the bitcoin and become their ETF's now its part of their investment but its tackled already how they will manage the risk, spend the funds properly and guess where is ideal to make an entry and exit in the market with that large sum of money possible it will last long until the market supply of the bitcoin already mined.

They are at the forefront of this whole movement of treasuries with BTC - they can allow a bit of risk to them, as if you are the first - you lead the way and go with how things will be done. And probably will be repeated by the others