A new SEC filing reveals new risks to Michael Saylor’s $78 billion Bitcoin plan. Despite such risks, Thaler’s company thinks this way. You can earn significant profits from the Bitcoin you already own. Michael Saylor shared news about X, showing both the success and danger behind his bold move Bitcoin strategy.
SEC filing reveals key risks of Michael Saylor’s multibillion-dollar Bitcoin strategy
Michael Saylor’s post on X Share new SEC filings This explains why Bitcoin’s wild price fluctuations pose serious risks. According to the submitted documents, Bitcoin is fluctuating between $60,000 and $60,000. $120,000 in the past yearthe company’s position becomes unstable. Most of the total assets are in BTC, and a sudden drop could lead to significant losses. If the price drops sharply, companies may have to sell their coins at a loss to raise cash.
Mr. Saylor’s company, Strategy, has more than $8 billion in debt and pays out hundreds of millions of dollars in dividends each year, according to SEC filings. These heavy obligations create pressure to maintain a steady cash flow, so businesses must rely on stable funding and financing. strong bitcoin market To stay safe. Michael Saylor warns that while current profits look promising, they could quickly disappear if Bitcoin falls.
Strategy posts $3.9 billion in profits without new purchases
Even with those risks, Michael Saylor reports in X that Strategy made about $3.9 billion in profits. from bitcoin Although the company made no new purchases last week, the value of its existing Bitcoin holdings increased. By the end of September, owned by the company 640,031 BTC were purchased at an average price of approximately $74,000 each. The total value of digital assets increased to over $73 billion as the market ended the quarter above $114,000 per coin.
SEC filings show that Strategy raised more than $5 billion in new funding during the same period. this maintain new capital You have now funded your Bitcoin strategy without having to purchase any new coins.
The return also shows a tax item of approximately $1.1 billion in deferred expenses. Thanks to new Treasury Department rules, the company won’t count those profits toward minimum tax this year.
Michael Saylor’s latest update on X shows that while the company enjoys record value growth, it still faces risks outlined in SEC filings. According to SEC filings, The same power that generates huge profits If the Bitcoin price falls, it can cause significant losses. While the headline number is a respectable figure of nearly $4 billion in profits without selling any coins, a look at the details warns of how quickly these profits can disappear. Saylor’s $78 billion BTC plan remains Bold and informative so farbut could be exposed to sudden changes if the market goes against it.
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