Michael Saylor’s Strategy Has a New Approach to Buying and Selling Bitcoin.
Here’s the Most Likely Scenario for How It Works Out Since Strategy (NASDAQ: MSTR) first purchased Bitcoin in August 2020, when it effectively became a digital asset treasury business, its shares have surged 601% (as of July 10)
However, this cryptocurrency stock currently trades 80% below its November 2024 record high. The bears are winning the debate right now. The past several weeks have been eventful, as Strategy has abandoned its never-sell attitude.
And on June 29, billionaire chairman Michael Saylor introduced a digital credit capital framework that revamped the company’s operating playbook. The business has a new approach to its Bitcoin strategy. Here’s how it will likely play out.