Just caught something interesting - Samson Mow is calling that MicroStrategy's average Bitcoin cost will become the new floor. Currently sitting around $75.5K per coin based on their latest SEC filing. They just grabbed another 13,927 BTC this week alone, which is pretty wild.



The reasoning here is that when Adam Back's company completes its merger process, they're expected to buy somewhere in the 15k to 20k BTC range. Samson Mow thinks once that happens, we won't see Bitcoin trading below MicroStrategy's average purchase price anymore. The corporate demand angle is real - these guys still have like $50 billion in firepower left between their different stock programs.

So if Mow's right, we're looking at a price floor around $75K. Whether that actually holds depends on broader market conditions, but the corporate accumulation story is definitely becoming a bigger part of Bitcoin's price structure. Interesting to watch how this plays out when the merger actually closes.
BTC2.36%
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