Svmuu reported that Jiang Zhuoer posted on platform X, stating that after selling 32 BTC, Strategy raised $181 million through the sale of common stock to purchase 1,550 BTC (approximately $100 million), with the remaining funds held as cash reserves. This move sustained MicroStrategy's "unshakable faith," as the amount of BTC bought far exceeded the amount sold, aligning with the principle of maximizing benefits. Jiang Zhuoer also stated that the current price is in an upward channel, and he will wait for further price increases before considering selling.
Jiang Zhuoer added that as a "BTC maximalist" focused on coin-based holdings, his norm is to hold a full spot position, and therefore he has not opened short positions. The purpose of his swing trading operations is to increase the total number of coins held.
Jiang Zhuoer: Strategy Increases Holdings by 1,550 BTC, “BTC Bought Far Exceeds BTC Sold” Faith Remains Unshaken
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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