BlockBeats News, June 20th, Strategy founder Michael Saylor stated on social media that he gave a speech in October 2022 when the price of Bitcoin was close to $20,000. At that time, Strategy held 130,000 BTC, worth approximately $26 billion, while MSTR was around $24 after the stock split adjustment. Several weeks later, Bitcoin dropped below $16,000, and Strategy's total debt briefly exceeded the combined value of its held Bitcoin and cash reserves, about $3 billion, while MSTR's stock price fell to around $13 by the end of the year.

Strategy remained focused, strengthened its fundamentals, and continued to execute its established strategy. Since then, Strategy has raised over $60 billion, all of which has been used to accumulate more Bitcoin, adding over 716,000 BTC to its holdings. Today, Strategy's Bitcoin and USD reserves exceed its debt by approximately $48 billion. Thanks to everyone who believes in Strategy, sticks with us, and takes a long-term view.