Strategy Sold Bitcoin at $60K and Then Bought It at $80K. That's Why I'm Not Buying Bitcoin Treasury Companies Right Now.

Key Points Until the price of Bitcoin recovers, the business model of Bitcoin treasury companies will remain under immense strain. During the summer, Strategy sold Bitcoin at $60K and then bought it back weeks later for $80K. Investors looking for exposure to the upside potential of Bitcoin are better off just buying it directly. 10 stocks we like better than Strategy › When investing, a fundamental principle has always been to " buy low, sell high ." In other words, pick up an asset at a low price and then sell it at a higher price. That's true for equities, and it's also true for Bitcoin (CRYPTO: BTC) . That's why I'm so concerned about the Bitcoin treasury companies right now.