๐จ๐ฅ COULD STRATEGY END UP SELLING MORE BITCOIN? ๐ณ๐
๐ Hey there, buddy, this was one of the loudest news pieces while BTC was dropping to $62K, donโt forget to follow me for more updates.
And honestly, it has a point that many are overlooking.
This was the reason for BTC's drop.
๐ Current data:
๐ฅ $STRC fell to $85-$86.
๐ฅ Its nominal value is $100.
๐ฅ #strategy holds 846,842 $BTC .
๐ฅ The company claims to have a reserve close to $55 billion.
๐ฅ Annual dividends and interest: $1.7 billion.
๐ฅ According to them, #BTC would only need to rise by 3.1% annually to cover those obligations.
Strategy talks about 32 years of coverage.
But one thing is capitalization and another is liquidity.
๐ณ Having $55 billion in assets doesnโt mean having cash available to pay for 32 years.
And thatโs where many start to question those figures.
โ ๏ธ HEREโS THE CURIOUS PART
Not long ago, some calculations mentioned over 70 years of coverage.
Today theyโre talking about 32 years.
And it all hinges on one thing:
๐ The price of Bitcoin.
If BTC drops, that coverage drops too.
๐ THE MARKET'S FEAR
Strategy became the biggest institutional buyer of BTC.
But now some are asking:
๐ What happens if one day they need to sell consistently?
Because buying pushes the market up.
Selling generates the opposite effect.
๐ Itโs also true that $MSTR has suffered a major correction and unrealized losses have increased with BTC's drop.
That explains part of the recent nervousness.
๐ฅ PERSONALLY
I still think we haven't seen a capitulation comparable to cycles like:
โ ๏ธ 2014: -56%
โ ๏ธ 2018: -73%
โ ๏ธ 2022: -64%
Thatโs why Iโve been saying for a while that zones between:
๐ $50K - $47K
๐ด $47K - $45K
Still seem possible from a historical perspective.
๐ Do you think weโll see another BTC sell-off from Strategy, or is all of this just market fear? ๐๐๐ฅ๐ณ๐
๐ Hey there, buddy, this was one of the loudest news pieces while BTC was dropping to $62K, donโt forget to follow me for more updates.
And honestly, it has a point that many are overlooking.
This was the reason for BTC's drop.
๐ Current data:
๐ฅ $STRC fell to $85-$86.
๐ฅ Its nominal value is $100.
๐ฅ #strategy holds 846,842 $BTC .
๐ฅ The company claims to have a reserve close to $55 billion.
๐ฅ Annual dividends and interest: $1.7 billion.
๐ฅ According to them, #BTC would only need to rise by 3.1% annually to cover those obligations.
Strategy talks about 32 years of coverage.
But one thing is capitalization and another is liquidity.
๐ณ Having $55 billion in assets doesnโt mean having cash available to pay for 32 years.
And thatโs where many start to question those figures.
โ ๏ธ HEREโS THE CURIOUS PART
Not long ago, some calculations mentioned over 70 years of coverage.
Today theyโre talking about 32 years.
And it all hinges on one thing:
๐ The price of Bitcoin.
If BTC drops, that coverage drops too.
๐ THE MARKET'S FEAR
Strategy became the biggest institutional buyer of BTC.
But now some are asking:
๐ What happens if one day they need to sell consistently?
Because buying pushes the market up.
Selling generates the opposite effect.
๐ Itโs also true that $MSTR has suffered a major correction and unrealized losses have increased with BTC's drop.
That explains part of the recent nervousness.
๐ฅ PERSONALLY
I still think we haven't seen a capitulation comparable to cycles like:
โ ๏ธ 2014: -56%
โ ๏ธ 2018: -73%
โ ๏ธ 2022: -64%
Thatโs why Iโve been saying for a while that zones between:
๐ $50K - $47K
๐ด $47K - $45K
Still seem possible from a historical perspective.
๐ Do you think weโll see another BTC sell-off from Strategy, or is all of this just market fear? ๐๐๐ฅ๐ณ๐