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.

Investment: Publicly Traded Bitcoin Treasury Companies

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

BTC Held by Public Companies

7,609

$585.14M

Number of Public Companies

19

BTC Price

$76,900

Asset Dominance

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

Investment: Public Companies Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1 🇺🇸
4,467
$344M
$126M
$***M
*.********
*.***
***.*%
0.021%
2 🇨🇳
819
$63M
$28M
$**M
*.********
***.*%
0.004%
3 🇳🇴
Aker ASA
754
$58M
$11,885M
$**,***M
$**M
*.**x
*.*%
0.004%
4 🇨🇦
420
$32M
$63M
$**M
**.*%
0.002%
5 🇯🇪
236
$18M
0.001%
6 🇬🇮
182
$14M
$7M
$*M
$**M
*.**x
***.*%
0.001%
7 🇺🇸
159
$12M
$324M
$***M
*.********
$*M
*.**x
*.*%
0.001%
8 🇨🇦
144
$11M
$6M
$-*M
***.*%
0.001%
9 🇺🇸
132
$10M
$505M
$***M
$*M
*.**x
*.*%
0.001%
10 🇬🇧
99
$8M
$10M
$**M
**.*%
0.000%
11 🇳🇴
59
$5M
$5M
**.*%
0.000%
12 🇫🇷
31
$2M
$45M
$**M
$*M
**.**x
*.*%
0.000%
13 🇨🇦
29
$2M
$19M
$-*M
$*M
*.**x
**.*%
0.000%
14 🇯🇵
25
$2M
$64M
$**M
*.*%
0.000%
15 🇨🇦
17
$1M
$2M
$*M
*.********
**.*%
0.000%
16 🇨🇦
11
$1M
$2M
$*M
$*M
*.**x
**.*%
0.000%
17 🇭🇰
10
$1M
$18M
$**M
*.*%
0.000%
18 🇬🇧
9
$1M
$4M
$*M
$*M
*.**x
**.*%
0.000%
19 🇺🇸
6
$0M
$1M
$*M
$*M
*.**x
**.*%
0.000%
20 🇨🇦
0
$0M
$53M
$**M
0.000%
21 🇬🇧
0
$0M
$1M
$*M
0.000%
22 🇬🇧
0
$0M
$0M
$*M
0.000%
Total:
7,609
$585M
0.036%