Why Saylor’s latest buy isn't the green light you think it is
| Let's look at the actual math before everyone starts screaming about a new bull run. MicroStrategy just executed their 101st purchase. They spent $204 million to add 3,015 $BTC. The key number here is the price: $67,700 per coin. Retail traders see this and think it means immediate upside. You need to zoom out. This brings their total holdings to 720,737 BTC. This isn't a trade; it is balance sheet structuring. They are playing a multi-year game while you are looking at 15-minute charts. They are comfortable buying at these levels because their time horizon is a decade, not a week. Don't mistake corporate treasury management for a short-term pump signal. Does an institutional entry at $67,000 give you confidence to buy now, or are you waiting for a dip? [link] [comments] |