STRATEGY is one of the main reasons BITCOIN has been underperforming compared to the traditional stock market. 🚨


Everyone loves the Saylor stacking narrative with over 847K BTC. But when you zoom out on the capital structure, the leverage game is way more complicated than the hype.
BITCOIN is sitting around $62.6K right now. That is below many of their recent average buy prices. The stock has traded near or even below the value of its Bitcoin holdings at times. There is also ongoing dilution from issuing more shares, which can drag the stock price down.
Honestly, it is hard to see $BTC pushing higher unless we get some positive news out of $MSTR
BTC-0.65%
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