TechFlow News, June 20: Michael Saylor published a post reviewing Strategy’s Bitcoin strategy, stating that when he delivered a related speech in October 2022, Bitcoin’s price stood at approximately $20,000; Strategy then held 130,000 BTC—valued at roughly $2.6 billion—with its stock MSTR (post-split adjusted) trading around $24 per share. Several weeks later, Bitcoin fell below $16,000, and the company’s debt briefly exceeded the combined value of its BTC holdings and cash reserves by about $300 million; by the end of 2022, MSTR’s share price had dropped to approximately $13.
Subsequently, Strategy steadfastly adhered to its Bitcoin strategy, strengthened corporate operations, and continued raising capital to purchase BTC. Since 2022, the company has raised over $60 billion in new capital, deploying it to acquire more than 716,000 additional BTC. Currently, the combined value of Strategy’s BTC holdings and U.S. dollar reserves exceeds its debt by approximately $48 billion, and it remains committed to its long-term strategy.
