CryptoBullishBlockonomi · 4h ago7/10
⛓️
Strategy’s $48 Billion Turnaround: How Bitcoin Transformed A Near-Bankrupt Company
Strategy has accumulated 847,000 BTC worth approximately $54 billion, transforming a near-bankrupt position into a $48 billion net positive by leveraging Bitcoin's appreciation. The company raised over $60 billion post-2022 crisis and added 716,000 BTC to reserves, though critics raise concerns about leverage risks embedded in the firm's preferred stock structure.
$BTC