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.

Manufacturing: Publicly Traded Bitcoin Treasury Companies

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

BTC Held by Public Companies

19,109

$1.47B

Number of Public Companies

6

BTC Price

$76,809

Asset Dominance

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

Manufacturing: Public Companies Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1 🇺🇸
SpaceX
18,712
$1,437M
$1,049,582M
$*,***,***M
*.*%
0.089%
2 🇯🇵
S-Science
296
$23M
$51M
$**M
$**M
*.**x
**.*%
0.001%
3 🇺🇸
83
$6M
$12M
$*M
$*M
*.**x
**.*%
0.000%
4 🇹🇭
15
$1M
$26M
$**M
*.*%
0.000%
5 🇦🇺
333D
2
$0M
$4M
$*M
$*M
*.**x
*.*%
0.000%
6 🇭🇰
1
$0M
$53M
$**M
*.*%
0.000%
Total:
19,109
$1,468M
0.091%