Why Saylor's 'Underwater' bitcoin narrative is misleading

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Scott Melker discusses Michael Saylor and Strategy's (MSTR) latest 1,036 bitcoin (BTC-USD), challenging the narrative that the company's bitcoin holdings are underwater. Melker explains why he believes major news outlets are missing the bigger picture when it comes to Strategy's long-term bitcoin investment strategy. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Video Transcript 00:00 Speaker A It never hurts when Michael Saylor steps back in the game and here you go from strategy. Strategy has acquired 1,036 Bitcoin and repurchased 188 million of MSTR as of 11826 we hold 850,000, first time over that number, 364 Bitcoin and 4.9 billion of USD assets.