A quarter-end check on the largest corporate $BTC holder: Strategy is frozen in place.
Saylor has teased more buying, but the firm's own mNAV rule blocks new share-funded purchases below 1.22x, and it sits near 0.99x, deeply underwater on 847,363 BTC.
No forced buying, no forced selling. A standoff into the new quarter.
The biggest whale is simply waiting.
Saylor has teased more buying, but the firm's own mNAV rule blocks new share-funded purchases below 1.22x, and it sits near 0.99x, deeply underwater on 847,363 BTC.
No forced buying, no forced selling. A standoff into the new quarter.
The biggest whale is simply waiting.