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matthew sigel shares a comment from Canaccord regarding Strategy and its BTC acquisition strategy. According to Canaccord, the company's BTC buying model performs better when moving 'forward' as opposed to 'reverse', similar to an automobile.
sigel adds that this is generally true for most things involving leverage.
Earlier this year, Sigel reported that Nvidia’s planned $20 billion issue was four times over-subscribed. In a separate note, he highlighted CIFR’s decision to name Bill Blevins as head of grid strategies to bolster its position in ERCOT. Both events reflect active positioning strategies in different parts of the market.