microstrategy holding 717k btc at a $76k average entry. roughly $10k underwater per coin. they still added 2,486 more this week. $2.25b in cash on hand with 2.5 years of debt runway even if btc nukes to $8k. when the largest corporate holder doubles down below cost with that balance sheet cushion, it’s not panic buying. it’s a conviction trade you either align with or bet against.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.