Buying Strategy Again
After my trade last year got stopped out, Strategy continued to fall and is now down roughly 60% from its ATH, trading around $165. The stock remains closely aligned with the Bitcoin price, which is still consolidating.
From a chart perspective, we’re currently in a broad support zone between roughly $110 and $170. I’ve decided to step in once again, but this time with a longer-term approach. I’ve bought a first tranche and plan to add more if we move lower.
My investment thesis is straightforward: if Bitcoin goes 10x over the coming decade - which I have strong conviction in - then Strategy should be able to outperform that, given the premium the company trades at relative to the value of its BTC holdings.
It will remain a small position in my portfolio, probably around 1–2%, but I believe in Saylor’s strategy and his engineering-driven approach to building financial products on top of Bitcoin.
Are you also invested? What’s your view on Strategy?
