$NVDAon $GOOGLon $MSFTon Here’s the latest update & analysis on #StrategyBTCPurchase — including recent news and market context.
📊 Recent Milestone: Strategy’s 100th BTC Buy
Yesterday, Strategy — the publicly traded firm formerly known as MicroStrategy — completed its 100th disclosed Bitcoin acquisition by adding 592 BTC (~$39.8 M) at an average price of ~$67,286 per BTC, pushing its total holdings to 717,722 BTC. Funds for the purchase came from the sale of 297,940 Class A shares under its ATM program. �
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📉 Market Backdrop
• Bitcoin has been trading below $65,000–$67,000, undercutting Strategy’s average cost basis of around $76,020, meaning their massive BTC stack is currently in an unrealized loss position. �
• Broader market sentiment remains cautious: U.S. spot Bitcoin ETFs have seen billions in outflows recently, and technical levels like $60,000 are important downside supports. �
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MarketWatch
📌 What This Means for BTC Strategy
Long-Term Buy & Hold: Management publicly insists they won’t sell and plan to purchase quarterly “forever,” signaling deep conviction in Bitcoin’s long-term value. �
Bitcoin Magazine
Capital Markets Fueling Accumulation: Frequent share issuances and equity tools continue to fund buys, preserving liquidity without selling BTC. �
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Balance Sheet Exposure: Heavy BTC allocation ties the company’s fortunes to BTC price action — share price declines often mirror broader BTC weakness.
🧠 Strategic Takeaways
✔ Conviction remains high despite BTC volatility.
✔ Corporate accumulation still a driver of supply demand dynamics.
✔ Market faces near-term resistance, but institutional holding trends support longer-term narrative.BTCDropsbelow$63K#TokenizedRealEstate #BTCMiningDifficultyIncrease #WhenWillCLARITYActPass