In the previous cycle (when MSTR admittedly held much less Bitcoin than it does now), the BTC price fell 22% below its average purchase price level and MSTR sold nothing (see Bitcoin – Risks to corporate treasury holdings). In the current context, 22% below the average purchase price would be around 58k – well below the current BTC level.
$60k

<div>In the previous cycle (when MSTR admittedly held much less Bitcoin than it does now), the BTC price fell 22% below its average purchase price level and MSTR sold nothing (see Bitcoin – Risks to corporate treasury holdings). In the current context, 22% below the average purchase price would be around 58k – well below the current BTC level.<br><br>$60k</div>

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Author: Xie Zhaoqing, Tencent Finance "Deep Dive" The cryptocurrency market has given back all the gains brought by Trump's inauguration, experiencing an epic crash that has brought back the word "risk," temporarily forgotten by greed, to stare at all investors with its most menacing face.

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Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
In 2014, CZ, who had only been exposed to the concept of cryptocurrency for a year, made the most daring investment of his life—selling his apartment in Shanghai and "All In" on about 1,500 BTC for a three-figure price. Twelve years later, if CZ had never sold, this investment would have brought in a substantial profit of hundreds of millions of dollars (peak return of about $189 million).
Compared to the later establishment of Bina...