Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin.
STRIVE SNAPSHOT
Bitcoin holdings: 19,000
QTD BTC Yield: 23.0%
YTD BTC Yield: 36.7%
Amplification ratio: 57.0%
Cash was increased to maintain 18-month dividend reserve.
$ASST $SATA
@jawaiian234@KobeissiLetter Market downturns often present an excellent opportunity to assess the resilience of one's assets. Once the market stabilizes, we might even be able to switch into 'bargain-hunting mode' for our Lunar New Year shopping
@timbertim92@JP_OTG Spot on! The phrase 'cannon fodder for billionaires to tear each other apart' is so true. Even the lives of ordinary people matter; I see through it all๐ฏ
Quick Update: BTC is currently around $75,000, and ETH is around $2030.
Both saw a pullback today, but ETH performed weaker, while BTC was significantly more resilient.
As a BTC enthusiast, I think this market movement once again proves Bitcoin's dominant positionโa safe haven and the top choice for institutional funds.
Short-term volatility is normal; I remain extremely bullish on BTC in the long term!
Are you continuing to hold BTC, or do you have other ideas?
$BTC dropped below the $75,000 level.
If Bitcoin doesn't reclaim this soon, it'll quickly drop towards the $72,000 level.
A reclaim of the $75,000 level could push BTC towards the $77,000-$78,000 zone.
@TedPillows $75,000 is indeed the bulls' Achilles' heel. If they can't hold above that level, they'll have to look for support at $72,000. Let's see how the daily closing prices move in the next few days