Strategy hat in diesem Jahr fast 2 Milliarden US-Dollar mit Bitcoin verdient, aber die SEC-Einreichung verbirgt eine weitaus größere Zahl
Burns Brief
Strategy (ehemals MicroStrategy) behauptet, dass seine aggressiven Bitcoin-Käufe in diesem Jahr trotz der offensichtlichen Preiskämpfe des Top-Assets einen Gewinn von fast 2 Milliarden US-Dollar gebracht haben. Die Marktteilnehmer wägen die Auswirkungen sorgfältig ab, wobei das Ergebnis wahrscheinlich von den allgemeineren Makrobedingungen und dem Volumen abhängt. Beobachten Sie die Reaktion von $BTC $NEAR – eine entscheidende Bewegung über oder unter Schlüsselniveaus wird den nächsten Trend bestätigen.
Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset's clear price struggles. However, a close look at the enterprise software company's legally binding regulatory filings tells a much redder story: under standard accounting rules, the firm is nursing a multi-billion dollar unrealized loss, and its aggregate Bitcoin stack sits firmly underwater. Despite the paper losses, the company shows no signs of slowing. Armed with a highly liquid capital markets engine, Strategy continues to issue equity to fund massive daily purchases, completely unfazed by the disconnect between its curated corporate dashboard and its sobering regulatory reality. A bespoke winning streak By its own metrics, Strategy’s Bitcoin treasury playbook is flawless despite the prevailing bear market situation in the broader crypto market. On X, the company said its BTC purchasing strategy has generated nearly $1.7 billion in Bitcoin gains since January this year. Strategy's Key Bitcoin Metrics (Source: Strategy) That metric caps off a historic accumulation streak that has fundamentally warped the crypto market's supply dynamics. Notably, Strategy disclosed that it has acquired an astonishing 2.2 times the newly mined Bitcoin supply over the period. This equates to more than 94,000 BTC since the beginning of the year. To quantify this, Strategy's management points to two proprietary metrics: “BTC Yield” and “BTC Gain.” Strategy reports achieving a BTC Yield of 3.7% this year, generating a BTC Gain of 24,675 coins (roughly $1.7 billion). For retail investors and crypto advocates, these figures are definitive proof that the company’s leveraged accumulation strategy is working. Strategy’s Bitcoin gain metric is designed to reward balance-sheet expansion on a per-share basis. In its annual report, the company says BTC Yield measures the percentage change in Bitcoin Per Share (BPS) from the beginning to the end o
Key Takeaways
- Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset's clear price struggles
- Despite the paper losses, the company shows no signs of slowing
- A bespoke winning streak By its own metrics, Strategy’s Bitcoin treasury playbook is flawless despite the prevailing bear market situation in the broader crypto market
- On X, the company said its BTC purchasing strategy has generated nearly $1
- Strategy's Key Bitcoin Metrics (Source: Strategy) That metric caps off a historic accumulation streak that has fundamentally warped the crypto market's supply dynamics