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I heard that Strategy sold 25,000 BTC to BSTR via OTC, exchanging for $1.5 billion in cash, at an average price of about $60,000. Although this price is lower than MSTR's current average holding cost, considering that MSTR had some low-cost positions early on, it might not be unacceptable.
After the OTC, MSTR's cash reserves rose to $2.9 billion, and BSTR's Bitcoin reserves increased to 55,021 BTC. Meanwhile, the OTC Bitcoin going to another BTC reserve would not put pressure on BTC's spot price.
None of the above is true!!
Note that the phrase "Hear me out" is a literal translation of "先听我说完," but the actual meaning should be "I know this idea sounds a bit crazy."
In plain English, it means "I have an idea." So this phrase itself is just a hypothesis and an idea, not something actually implemented. See the importance of learning English well$BTC