Prediction evidence

Strategy and Strive are buying $BTC, treasury narrative could make a comeback "Strategy did not do any financial wizardry this week to buy BTC. They actually took that 2nd USD reserve that they'd been building and started to use that to buy more BTC. They were able to buy $75.7 million." "They also bought $174 million worth of STRC, which last I checked was floating right up to about $99, almost at par. And they used $57.5 million from their USD reserve to pay preferred dividends." "Strategy ended the week last week with approximately $5 billion in its designated USD reserve, that's paying dividends and such, and $1.05 billion in flexible USD cash. So this is cash they had raised over the past few weeks, they were able to use to buy more BTC here this week." "Strive is still doing what Strategy used to be able to do, which is basically selling shares of ASST, of Strive, and selling their preferred, SATA, and using that cash immediately to buy BTC." "Many people pointed out that as bad as the treasury space is, as much of a disaster as it is, that maybe the biggest cure for all of them is much higher prices." "That doesn't mean, of course, that shareholders who bought at a 25x premium to mNAV are going to actually do well. They probably won't, but we could see a resurgence in the treasury space and the treasury narrative."