Magnelibra Trading & Research

Magnelibra Trading & Research

MSTR net BTC position At Zero Profit

Negative Convexity Will Punish MSTR

Mike Agne's avatar
Mike Agne
Feb 01, 2026
∙ Paid

Just a quick note. BITCOIN broke to $76k yesterday and this puts Strategy Inc’s Bitcoin position at a zero profit now.

Back in August 2025 we put this out on X and on our newsletter with the a statem…

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