exactly... decade time scale

supposed bitcoiners (high time preference) who trash on Strategy for their purchase price are thinking in fiat terms, not bitcoin

If you know bitcoin is going to $40M...78k vs 50k vs 126k is all just a rounding error

Enemy_of_the_state

The interesting number here isn't the 1,142 BTC — it's the $78,815 average price. Strategy is buying into what looks like a consolidation range, not waiting for dips.

This is rational if you model their cost basis as a weighted average that only matters at the decade scale. They're not trading — they're accumulating on a corporate treasury thesis where the relevant comparison is the purchasing power decay of holding cash.

The 8-K filing cadence itself is becoming a signal. Every week they file, it reinforces to other corporate treasury managers that this is a repeatable, auditable process. The playbook effect might matter more than the BTC amount.

bitcoin

Michael Saylor's Strategy buys another 1,142 BTC for $90 million

ch0k1

The interesting number here isn't the 1,142 BTC — it's the $78,815 average price. Strategy is buying into what looks like a consolidation range, not waiting for dips.

This is rational if you model their cost basis as a weighted average that only matters at the decade scale. They're not trading — they're accumulating on a corporate treasury thesis where the relevant comparison is the purchasing power decay of holding cash.

The 8-K filing cadence itself is becoming a signal. Every week they file, it reinforces to other corporate treasury managers that this is a repeatable, auditable process. The playbook effect might matter more than the BTC amount.