Saylor’s Bold BTC Bet: Why He Doubles Down as Strategy Stock Crashes

StrategyS Bold Bitcoin Move Amid market Downturn

Strategy’s stock has dropped nearly 50% since its November peak, but the company is still buying Bitcoin aggressively. The stock fell 17% yesterday, closing at $239.27. This decline reflects a broader crypto market downturn.

Initially, Strategy’s stock rose faster than bitcoin, fueled by hopes that Trump would create a strategic Bitcoin reserve. However, as Bitcoin lost its recent gains, Strategy’s stock fell even faster. Trump’s executive order clarified that the reserve would use existing government-held Bitcoin, not new purchases.

Bitcoin and Strategy faced more pressure on Monday due to macroeconomic uncertainty, especially Trump’s trade war. Bitcoin dropped 4%, trading around $80,000.

Despite these challenges, Strategy plans to raise $2.1 billion by selling Class A preferred stock to buy more Bitcoin.This is part of their “21/21 roadmap,” aiming to raise $42 billion for Bitcoin investments.

Strategy recently bought 20,356 BTC for nearly $2 billion, bringing their total to 499,096 BTC, worth around $40 billion. Analysts remain optimistic,with all eleven surveyed by Bloomberg recommending a buy,predicting the stock will surpass last year’s $540 peak.