- Strategy adds 4,225 BTC despite market fear and volatility.
- Chaitanya Jain says the company is secure even at $20,000 per Bitcoin.
- $291 million profit in one week boosts investor confidence again.
Strategy does not back away from Bitcoin, even as price volatility shakes the market. The company, which holds the most extensive Bitcoin treasury globally, is pushing forward with more purchases while reaffirming its long-term confidence in the asset.
According to Chaitanya Jain, the company’s Bitcoin strategy manager, the company’s strategy is fully prepared to endure even a sharp drop in Bitcoin’s price. He opined that if Bitcoin drops to prices as low as $20,000, the company would still be in a position to cover the payment of all liabilities.
His comments follow the increasing panic regarding the firm’s Bitcoin exposure that has been spread on social networks.
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Strategy currently owns 601,550 BTC worth more than $71 billion. This week alone, the company only added 4,225 BTC, at a cost of 472.5 million dollars, which it received in the form of convertible debt bonds like MSTR, STRK, STRF, and STRD.
Nevertheless, even when unsure about the market’s state, the company keeps acquiring more Bitcoin in line with its planned acquisition strategy.
Jain was keen to point out that Strategy is not overexposed to Bitcoin risk. Conversely, he has termed the company overprepared and reacted to critics who say the firm’s Strategy is weak.
Even though the crypto market is volatile, Strategy’s actions demonstrate stability in Bitcoin’s long-term perspective.
Traditional Investors Are Slowly Embracing Bitcoin
Over the last year, Strategy has raised $35 billion to expand its BTC holdings. This move highlights a broader shift, with traditional financial players gradually increasing their involvement in Bitcoin.
Jain pointed out that “finance bros are becoming Bitcoiners,” signaling a notable change in attitude from institutions.
Michael Saylor, the firm’s co-founder, also unveiled recent profit data on its Bitcoin position. Over one week, Strategy earned 2,485 BTC, which is an approximate total of $291 million.
Since the beginning of the year, the company has received 90,337 BTC, which have a total value of over $10.5 billion.
The financial results are an active reply to those who frequently criticize the company due to its harsh approach to Bitcoin. Strategy’s profitable and still growing presence substantiates the company’s position in the developing environment of digital asset investment.
While some observers question the sustainability of this model, Strategy remains committed. Its ongoing acquisitions and firm stance suggest it is prepared for all possible outcomes in the Bitcoin market.
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