SpaceX's $35K Bitcoin cost basis with 100% gains may matter more for institutional adoption than Strategy's 45x larger but breakeven stack.

Strategy Inc. holds 843,738 BTC backed by $22.2 billion in debt and preferred stock. Its leveraged structure faces growing scrutiny as Bitcoin prices

SpaceX's $35K Bitcoin cost basis with 100% gains may matter more for institutional adoption than Strategy's 45x larger but breakeven stack.

Strategy bought 520 BTC for $35M, lifting its reserve to 847,363 bitcoin. Saylor's third straight weekly buy.

Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $55 billion.

The latest purchase increases Strategy's bitcoin treasury to 847,363 while strengthening its liquidity position through additional cash reserves.

Strategy bought 520 BTC for $35M last week, pushing total holdings to 847,363 Bitcoin. The firm also added $300M in cash reserves through equity offerings.

Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.

Strategy buys 520 BTC and adds $300M to its USD reserve as MSTR bounces 3.5% off oversold levels mirroring February's setup.

Strategy’s Bitcoin accumulation pace has slowed as the company rebuilds cash reserves and navigates funding constraints tied to its preferred stock offerings.

The Block warns Strategy isn't Bitcoin at a discount, sitting $9.4B underwater with just 10 months of cash reserves left.