
Jiang Zhuoer of BTC.TOP argued that Strategy can withstand a bitcoin drop to $30,000 without selling its holdings, calling sell-off speculation overblown. He noted the company's small debt and preferred share design allow continued buying. The wallet outflow of 45,000 bitcoin may also hold Fidelity ETF assets.
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Strategy buys 1,550 bitcoin for $101 million
Summary by ByteBrief