Michael Saylor has just posted a $5 billion Bitcoin pool chart with a status line saying "need more charts"—despite MSTR shares falling 8% to $86. Another move suggesting that Strategy's chairman is not shaken by skepticism.
Shares dropped due to concerns about dividend obligations, but Saylor remains optimistic. Meanwhile, Brad Garlinghouse from Ripple criticized how their fundraising approach harms the market. The average cost basis of $75,653 and the $5 billion BTC treasury point to a very long-term vision, even though the preferred-stock model carries potential risks.
For traders, this is a positive signal for BTC’s long-term trend. But in the short term, volatility may continue if dividend pressure remains. Risk management is still the top priority.
#BTC #Bitcoin #Strategy #MichaelSaylor #Dautu
Shares dropped due to concerns about dividend obligations, but Saylor remains optimistic. Meanwhile, Brad Garlinghouse from Ripple criticized how their fundraising approach harms the market. The average cost basis of $75,653 and the $5 billion BTC treasury point to a very long-term vision, even though the preferred-stock model carries potential risks.
For traders, this is a positive signal for BTC’s long-term trend. But in the short term, volatility may continue if dividend pressure remains. Risk management is still the top priority.
#BTC #Bitcoin #Strategy #MichaelSaylor #Dautu