Strategy: Bitcoin Holdings Plan Explained and Potential Triggers for Sales

In recent years, publicly traded company Strategy has established itself as the world’s largest holder of Bitcoin by market capitalization, boasting a holdings portfolio exceeding 650,000 BTC. The company’s strategy revolves around raising capital and using it to purchase more Bitcoin while maintaining a market-cap-to-Bitcoin value (mNAV) above 1. This approach has positioned Strategy as a prime proxy for Bitcoin sentiment for many traditional investors.