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When a simple signal is enough to restart a Bitcoin device
Under pressure, Strategy continues and turns its losses into a bet on the future
By acquiring the cryptocurrency market, Strategy is trying to redraw the rules of the game
Key standards should not be ignored
The digital currency market has seen sharp fluctuations recently—like a tightrope act, swaying between fragile hopes and harsh setbacks. Many digital currency investors are anxiously awaiting any sign that confidence can return in a sustainable way. However, amid this uncertainty, one steadfast voice that will not be shaken stands out—Michael Saylor’s. While some question him, he keeps pressing the gas pedal, even if that means challenging apparent market logic.
Michael Saylor reignited speculation with a signal that often comes before new Bitcoin purchases.
Strategy now holds 766,970 Bitcoins after a recent purchase of 4,871 Bitcoins.
The company is carrying unrealized losses totaling $14.5 billion while continuing to aggressively accumulate Bitcoin.
In March, Strategy bought 46,233 Bitcoins compared with 16,200 Bitcoins produced globally.