According to foreign sources, Michael Seller again stated his Bitcoin point of view on 23 August, saying that bitcoin could convert economic value into a storeable and transferable digital form that could be held and controlled directly by individuals, businesses and even Governments. At the same time, the report notes that this statement is more in line with the investment arguments long maintained by Seller than with the formal definition of accounting, legal or technical.

"Digital Energy" remains the core expression

Seller has long compared currency and capital to “stored energy”. By this logic, the amount of bitcoin is fixed and the clearing network is decentralized, and the holder does not have to rely entirely on a single bank or government system for the transfer of value.

However, it was also mentioned that such a representation would not eliminate the risk of price fluctuations in bitcoin. For enterprises, even if they hold large amounts of BTC, such as salaries, debt and shareholder distribution, they are mainly in French currency.

Strategy hold slightly above total cost

As of the reporting point, Strategy held 840,447 bitcoins, or approximately 4 per cent of the upper limit of 21 million bitcoins. The company cumulatively invested $63.36 billion in these bitcoins, including associated costs, at an average warehouse cost of approximately $75,385 per unit.

The market value of this part of the warehouse is about $64,860 million, or about $1.5 billion higher than the total purchase cost, in the amount of approximately US$ 77,175. The report emphasizes that this is a floating result at market prices and is not equivalent to the profits that the company has locked in.

  • Warehousing: 840 447 BTC
  • Cumulative cost: $63.36 billion
  • Estimated surplus: approximately $1.5 billion

It was also noted that the valuation would not reflect factors such as debt, priority dividends, operating expenses and taxes, and would therefore fluctuate rapidly as the prices of bitcoin changed.

STRC Price and Follow-Up Currency Rhythmic

The report mentions that STRC is a floating priority share of the floating interest rate marketed by Strategy in NASDAQ, with a nominal value of $100, with the cash dividends determined by the Board. Its equity caller documentation suggests that management may not be able to keep the security price around $100 for the long term.

In support of STRC, Strategy has recently continued to repurchase and adjust the red-redaction arrangements. The company disclosed on 17 August that it had repurchased approximately 13.9 million shares of STRC for $132.2 million during the previous week. At the same time, the size of the reserve to support priority share dividends and interest payments has reached $4.8 billion.

According to reports, Strategy did not buy or sell bitcoin during the week. The chief executive officer of the company, Phong Le, had previously indicated that, pending the return of the SRC price to a closer 100-dollar nominal value, the company was expected to resume holding more bitcoin, but no specific timetable had been announced.

What's next?

  • Strategy resumes buying bitcoin
  • Whether the company continues to sell general share financing
  • Whether funds continue to be prioritized for STRC support

According to foreign sources, the presentation of “digital energy” in the Selebitcoon remains part of its long-term narrative, but for investors the more direct point of observation remains the currency purchase rhythm, financing actions and priority stocking in Strategy's subsequent SEC document.