Strategy increased holdings by 1550 BTC, buying BTC far exceeds selling, faith remains unbroken
By: www.chaincatcher.com|2026/06/08 14:42:00
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Jiang Zhuoer posted on platform X, stating that Strategy raised $181 million through the sale of common stock after selling 32 BTC, which will be used to purchase 1,550 BTC (approximately $100 million), with the remaining funds kept as cash reserves.
This move maintains MicroStrategy's "faith in the asset," with the amount of BTC purchased far exceeding the amount sold, aligning with the principle of maximizing benefits. Jiang Zhuoer also mentioned that the current price of the currency is in an upward channel, and he will wait for further price increases before considering selling.
Jiang Zhuoer added that as a "coin-holding faction" based on cryptocurrency, his norm is to hold the entire position in spot, so he has not opened any short positions. The purpose of swing trading is to increase the amount of coins held.
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