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Published 20 Jun 2026, 12:00 UTC · fetched 3 Nov 2026, 10:57 UTC
Chase
@Crypto_Chase
In reply to · 20 Jun 2026, 10:23 UTC · context given to the AI
When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end. We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.@saylor There's a huge difference between Bitcoin at $16,000 and BTC at $63,000, let alone $125,000. Your thesis was that it is going to continue to grow exponentially, but it's not bc most can't afford it nor do they see good risk/reward for returns at 125K. The big gains are behind us.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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