MSTR Expert: Bitcoin Under $60K Breaks The Market

Adrian Morris is back to break down what Strategy’s latest earnings and the first serious stress test of its preferred-equity machine are revealing. STRC has rebounded after Strategy spent $106 million on buybacks, but Adrian argues the move is still overwhelmingly a Bitcoin and capital-structure story, not proof Strategy can simply defend par.

Hardware: Publicly Traded Bitcoin Treasury Companies

Track publicly traded Hardware companies holding Bitcoin on their balance sheets, ranked by BTC holdings.

BTC Held by Public Companies

4,082

$313.48M

Number of Public Companies

6

BTC Price

$76,797

Asset Dominance

93.8%
BTC 93.8% ETH 5.5% SOL .47% BNB .14% XRP .14%

Hardware: Public Companies Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1 🇸🇬
1,917
$147M
$1,913M
$*,***M
*.********
*.*%
0.009%
2 🇨🇳
1,000
$77M
$33M
$-***M
*.********
***.*%
0.005%
3 🇺🇸
760
$58M
$99M
$**M
*.********
**.*%
0.004%
4 🇫🇷
314
$24M
$78M
$**M
*.********
**.*%
0.001%
5 🇭🇰
YUXING
78
$6M
$23M
$**M
$*M
*.**x
**.*%
0.000%
6 🇨🇳
13
$1M
$28M
$-***M
$*M
*.**x
*.*%
0.000%
7 🇸🇬
0
$0M
$2,137M
$*,***M
0.000%
Total:
4,082
$313M
0.019%