Публикация

🚨 The "$5B Strategy BTC overhang" may be getting overstated. That headline combines several items: • A reserve allocation • The then-current $1.76B annual cash obligation • Two optional buyback authorizations Not all of these translate into immediate Bitcoin selling pressure. As of July 26, Strategy reportedly held $3.75B in USD, enough to cover roughly 2.1 years of then-current preferred dividends and interest. During July 20–26: 📈 Raised $525M through MSTR ATM proceeds, adding to cash reserves. 🔄 Spent just $25M on STRC buybacks. The real risk would emerge only if Strategy began consistently selling BTC while reserve coverage deteriorated. Until that changes, the idea of a guaranteed $5B BTC selling overhang remains a relatively weak bearish argument. Markets should focus on actual treasury actions—not just headline-sized numbers. $BTC $ETH $BEAT #30YYieldAt19YHigh #SpaceXUnlockLooms #EarningsWeekAhead