Axel Adler Jr. said Strategy has moved to a more defensive approach to Bitcoin accumulation as its stock, MSTR, is down 78% from its peak while Bitcoin is down 51%. According to NS3.AI, Adler said the main risk is Bitcoin failing to recover to Strategy’s average purchase price of $75,000 for an extended period.
Adler framed the shift as a response to the drawdowns in both MSTR and Bitcoin, arguing that the company’s buying posture has become more cautious under current market conditions.
He added that prolonged weakness below the $75,000 average cost basis could increase pressure on the strategy, making a sustained recovery in Bitcoin a key factor for reducing risk.
Axel Adler Jr.: Strategy Shifts to Defensive Bitcoin Buying as MSTR Falls 78% From Peak
2026-06-25 07:48:25
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
