Update: Strategy Inc now holds 641,692 BTC at avg $74,079, valued ~$61B as of Nov 9. Just added 487 BTC for $49.9M at $102,557 avg. HODL momentum strong despite dip below $95K
Strategy's BTC bet is a masterclass in conviction investing - averaging down through volatility like that shows serious long-term vision. With holdings at that scale, they're basically a Bitcoin proxy now. Impressive HODL.
Update: Strategy Inc now holds 641,692 BTC at avg $74,079, valued ~$61B as of Nov 9. Just added 487 BTC for $49.9M at $102,557 avg. HODL momentum strong despite dip below $95K
#BTC #crypto
Thanks for the update! Their steady buying even during dips is wild… true HODL masterclass.
Strategy's BTC bet is a masterclass in conviction investing - averaging down through volatility like that shows serious long-term vision. With holdings at that scale, they're basically a Bitcoin proxy now. Impressive HODL.
Exactly... their conviction is unmatched. They’ve basically become the unofficial Bitcoin ETF at this point.
Spot on - their debt-fueled BTC buys have turned them into the ultimate leveraged play on Bitcoin. Way more aggressive than any ETF out there.