This is really amazing. It will be interesting to see how strategy will balance further buying of bitcoin with it's financing needs because market conditions will definitely change.

Well maybe because they do buy back on STRC, base on their tweet yesterday.



https://x.com/saylor/status/2114701492443635943

Well I guess this is the latest activity they have done for this week, then maybe next week they resume on their Bitcoin accumulation.

Maybe at this point they try to balance their accumulation, then pay attention for awhile in their own stocks. To minimize their dividends and other risk they might encounter.

Exactly, then also it seems that their aim for now is stability and not those trying to chase for something big.

Doing those buy backs, this will eventually help them to buy lots of them, also to became flexible on things they need. It can also help them to have great position, once there's great opportunity came.

But they cannot avoid that, their are share holders especially those who wants Bitcoin might get frustrated on their no Bitcoin buy this week. But for me I think their current action they made is fine for now.

I came across a thread about an Ai firm or something that dabbles in being a treasury company
https://bt.irlbtc.com/view/5598112.msg67286070#msg67286070
And they haven't gotten their funds from the custodians they are using.
Yes Strategy does the same with Coinbase and other custodian without thinking about all these
I was always surprised they don't even use multisig and just trust the custodian.


The performance of datavault the supposed company has been so bad in years
Why? Not only because of reverse split the owners have been issuing common shares like its air.

I hope this becomes a wake up call on treasury using a custodian without back up or something.

Yeah and it really look cool in that quarter, because Bitcoin goes up at that time.

If it happen that BTC price experience a dump, maybe the situation became different and they cannot produce a good report.

They are so completely dependent on Bitcoin. Its good for people to separate their company performance, to the appreciation of the price of Bitcoin. To have clear view on real situation happening with them.

Strategy just newly announced their 811 BTC purchase.

I just got the update from Bitcoin Magazine 




But this is the tweet of Saylor announcing their recent purchase on X https://x.com/saylor/status/2117241559267836333?a=vRRXqYEE4BI3Ky0nyjw&s


Well it seems that, they are slowly accumulating big numbers now.

At least this is a decent thread, full of reasonable comments. Someone has started another thread calling this purchase “aggressive,” which is obviously false if you know even a little about Strategy's purchase history.


Yeah, but last year they didn't come off the back of having caused a drop in the share price by depleting their cash reserves and selling Bitcoin. After replenishing the reserve and buying back STRC to bring it back to par, things aren't looking too bad. This is better than those big announcements of massive purchases that had no effect on the price of Bitcoin anyway.


They have almost $5B in cash reserve ATM. Doesn't look bad to me.

Yep, the numbers back that up. Nearly all of the Q3 operating income, some $20.9B, was attributable to the BTC stack, rather than the software business. There's been a slight decline in software revenue, which was down 3% to $125.4M, and the share price continues to decline, with BTC Yield running at -3.7% YTD. Essentially, per-share dilution has been outpacing per-share accumulation. A good quarter, albeit mostly BTC price story with the potential to reverse very quickly in a drawdown.

811 BTC isn't big numbers, yet. It’s about $65.5M at an average of $80,846 per coin. This is the highest weekly purchase amount since Sept 28, which was less than 1,000 BTC. They didn't purchase any BTC the previous week and spent $205M on their buybacks of STRC, which suggests it's more of a return to form than an attempt to ramp things up. Their $4.79B USD reserve is good though for them to be able to do both.