Andrew Aziz
@BearBullTraders
Helping professionals to achieve financial freedom and success with day trading. I day trade and scalp with @MarketAtlas
998 Following 115.2K Followers
BREAKING: BITCOIN IS EXPLODING.
$BTC just broke above $79,000, now up 30% in only 4 days.
One of Bitcoin’s biggest rallies in years.
🚨 BREAKING: Michael Saylor has stopped buying Bitcoin.
Strategy has now gone 8 straight weeks without a BTC purchase.
Last week, it sold $333.7M worth of its own stock, but bought ZERO Bitcoin with it. The cash went toward dividends, buying back preferred shares and building cash reserves.
Meanwhile:
• Strategy is sitting on roughly a $10B Bitcoin loss
• Annual interest + preferred dividends: $1.72B
For years, the strategy was simple: sell MSTR shares > buy more Bitcoin.
Has that machine finally stopped working?
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