Ultra Event Partner Announcement: @Web3Labs_Club
We are pleased to welcome Web3Labs as an Event Partner for our global conference in Kuala Lumpur.
As a premier global incubator and ecosystem builder, Web3Labs shares Ultra’s core mission of accelerating decentralized innovation and empowering the next generation of Web3 builders. This strategic partnership unites our regional networks to foster deep technical growth, cultivate developer talent, and expand cross-border opportunities across the rapidly evolving APAC landscape.
Together, we look forward to delivering a benchmark experience for the global builder community on the ground.
Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves. https://t.co/Cssgz29Psj
When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.
We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.
Bitcoin closed May at $73,568
Market is 50/50 on if Febryary $60k was the bottom, or the bear will continue.
IMO data is telling us that we have not seen bottom formation yet, and that there is a >50% probablility that we go lower (below 200wma $61k or realized price $53k).