$Strategy(MSTR)$ I tend to think that shorts are worried as BTC maintains above $70K, and they are desperately trying to frighten long retail investors.
$Strategy(MSTR)$ keeps buying Bitcoin with conviction, viewing it as significantly undervalued. Bitcoin's annual production is just 164,250 coins, yet $Strategy(MSTR)$ acquired 225,000 in the past year. That represents 137% of annual output. $Strategy(MSTR)$ alone could absorb all new production and more. Tether allocates 15% of quarterly profits to Bitcoin, purchasing 8,888 coins last quarter. That accounts for 22% of production. Japanese firm Metaplanet plans to acquire 210,000 Bitcoin by 2027, intending to buy over half of production for the next two years. Such concentrated demand creates supply tightness.
$Strategy(MSTR)$ Look at that magic nunber showing up, just above $75K for BTC. Amazing. And with no new news. Amazing. It's like it was predestined to be. Maybe it was.
$Strategy(MSTR)$ When $Grayscale Bitcoin Mini Trust(BTC)$ breaches certain key levels, some predictions might appear visionary. While market opinions diverge, technical patterns indicate potential upside. Current market structure shows aligned conditions.