Michael Saylor Recalls Bitcoin Strategy: Strategy Asset Reserves Are About $48.0 Billion Higher Than Debt

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Deep Tide TechFlow News, June 20th, Michael Saylor posted a review of Strategy's Bitcoin strategy history, stating that when he gave a related speech in October 2022, the price of Bitcoin was about $20k, and Strategy held 130k BTC at that time, worth approximately $2.6 billion, with the stock MSTR (post-split adjustment) trading at around $24. A few weeks later, Bitcoin dropped below $16k, and the company's debt temporarily exceeded the total value of BTC and cash reserves by about $300 million. MSTR's stock price also fell to around $13 by the end of 2022.

Strategy then continued to implement its Bitcoin strategy, strengthen company operations, and keep raising funds to invest in BTC. Since 2022, the company has raised over $60 billion in new capital, used for purchasing Bitcoin, with new holdings exceeding 716k BTC. Currently, the value of Strategy's BTC and USD reserves is about $48 billion higher than the company's debt, and it will continue to adhere to a long-term strategy in the future.

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