New SEC Filing Shows Michael Saylor’s $78 Billion Bitcoin Strategy Faces A Major Danger

A new SEC filing shows fresh risks in Michael Saylor’s $78 billion Bitcoin ￰0￱ with those risks, Saylor’s firm is seeing substantial gains from the Bitcoin it already ￰1￱ Saylor shared the news on X, showing both the success and the danger behind his bold Bitcoin ￰2￱ Filing Reveals Key Risks Of Michael Saylor’s Billion-Dollar Bitcoin Strategy Michael Saylor’s post on X shares the new SEC filing that explains Bitcoin’s wild price moves bring serious ￰3￱ to the filing, Bitcoin has fluctuated between $60,000 and $120,000 over the past year , making the company’s position ￰4￱ of its total assets are in BTC, meaning a sudden drop could result in significant ￰5￱ prices fall sharply, the firm may have to sell coins at a loss to raise ￰6￱ to the SEC filing, Saylor’s company, Strategy, faces more than $8 billion in debt and pays hundreds of millions in dividends each ￰7￱ these heavy obligations create pressure to maintain steady cash flow, the firm must rely on stable financing and a strong Bitcoin market to remain ￰8￱ Saylor warns that, although current profits appear promising, they could quickly fade if Bitcoin turns ￰9￱ Posts $3.9 Billion Gain Without New Purchases Even with those risks, Michael Saylor reports on X that Strategy earned about $3.9 billion from Bitcoin in the third quarter of ￰10￱ company did not make any new purchases last week, but the Bitcoin it already holds gained ￰11￱ the end of September, the firm had owned 640,031 BTC, purchased at an average price of approximately $74,000 ￰12￱ the market closed the quarter above $114,000 per coin, the total worth of its digital assets rose to more than $73 ￰13￱ the same period, the SEC filing notes that Strategy also raised more than $5 billion in new ￰14￱ new capital keeps the Bitcoin strategy funded, even without new coin ￰15￱ filing also shows a tax item of about $1.1 billion in deferred ￰16￱ to new Treasury rules, the company will not count those gains toward minimum tax this ￰17￱ Saylor’s update on X shows a company enjoying record value growth while still facing the risks outlined in the SEC ￰18￱ to the SEC filing, the same forces that create huge profits could cause sharp losses if Bitcoin prices ￰19￱ headline number is substantial, nearly $4 billion in gains without selling any coins, yet the details warn of how quickly those gains could disappear.

Saylor’s $78 billion BTC plan remains bold and profitable for now , but is open to sudden change if the market turns against it.