"Strategy Stops Buying Bitcoin... Nearing Losses"

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Summary

It was announced that the strategy did not make additional purchases of Bitcoin.
It was analyzed that if the Bitcoin currently held by the strategy falls by an additional 9%, it could turn into a loss.
It was reported that the decline in Bitcoin could lead shareholders to force sales, risking the price falling below $20,000.

Last week, it was revealed that the strategy did not make additional purchases of Bitcoin (BTC).

On the 7th (local time), Cointelegraph announced via X that "the strategy did not make additional purchases of Bitcoin last week." Currently, the strategy holds 528,185 BTC, with an average purchase price of $67,458.

Meanwhile, there is an assessment that the strategy's Bitcoin reserve strategy has run its course as Bitcoin has significantly declined due to the impact of the global tariff war.

Jacob Weilwire, a virtual asset analyst, stated, "If Bitcoin falls by about 9% from its current price, the strategy's Bitcoin holdings will turn into a loss," adding, "In this case, shareholders may force the sale of Bitcoin, eventually leading to a 'death spiral' where Bitcoin falls below $20,000."

As of 9:23 PM, Bitcoin is trading at $76,772 on the Binance USDT market, down 7.35% from 24 hours ago.

BTC