1
00:00:00,000 --> 00:00:04,720
Speaker 1: And it lands while the biggest buyer on earth is mostly on the sidelines. Last week,

2
00:00:04,980 --> 00:00:10,500
Speaker 1: Strategy bought only 250 Bitcoin and spent $192 million buying back its own preferred

3
00:00:10,500 --> 00:00:16,520
Speaker 1: stock, Stretch, instead. Because that stock is trading at $99 .85 a hair under the $100

4
00:00:16,520 --> 00:00:21,140
Speaker 1: price where Strategy can start selling more of it in order to buy Bitcoin. Once it's back

5
00:00:21,140 --> 00:00:26,720
Speaker 1: over $100, Strategy can issue again and that money goes straight into Bitcoin. Bitcoin held

6
00:00:26,720 --> 00:00:32,380
Speaker 1: $80 ,000 with its biggest buyer barely buying, so a scary MSCI headline is a short -term

7
00:00:32,380 --> 00:00:36,860
Speaker 1: problem, while strategy switching its buying back on is the bigger long -term story.