Grok Notes MSTR\u2019s Influence On Bitcoin<\/p>\n
When venture capitalist Jason Calacanis asked what Bitcoin\u2019s price would be without Michael Saylor\u2019s cryptocurrency treasury firm, Grok declined to provide an \u201cexact\u201d figure.<\/p>\n
\u201cBut absent that consistent bid, we\u2019d probably be $10,000\u2013$20,000 lower based on volume and whale-effect analyses,\u201d the AI chatbot said.<\/p>\n
\u2018Narrative Of Institutional Adoption\u2019<\/p>\n
Grok stated that Strategy\u2019s steady demand, coupled with the \u201cnarrative of institutional adoption,\u201d created real upward pressure on Bitcoin. Without this backing, BTC\u2019s current price would \u201clikely be noticeably lower.\u201d<\/p>\n
When a user asked Grok to stick to the last four months, its response was largely similar.<\/p>\n
Strategy Extends BTC Buying Streak<\/p>\n
Grok\u2019s analysis comes in the wake of Strategy\u2019s latest acquisition<\/a>, which brought its total Bitcoin holdings to 815,061 BTC, bought for approximately $61.56 billion at an average cost basis of $75,527.<\/p>\n With Bitcoin trading around $75,000, Strategy\u2019s position sits roughly at breakeven. This purchase ranked as Strategy’s third-largest on record and the biggest weekly acquisition since November 2024.<\/p>\n Meanwhile, Strategy\u2019s market cap sits at $59.61 billion, compared to $61.63 billion in BTC holdings. This means that the stock is trading at a discount to its net asset value.<\/p>\n Saylor has previously\u00a0defended Strategy\u2019s business model<\/a>, asserting that as long as Bitcoin increases by 1.25% annually, Strategy can maintain its dividend payments indefinitely and boost shareholder value.<\/p>\n Price Action: At the time of writing, BTC was exchanging hands at $75,821, up 1.84% over the last 24 hours, according to data from Benzinga Pro.<\/p>\n Strategy shares fell 0.10% lower in after-hours trading after closing 2.58% higher at $170.81 during Monday\u2019s regular trading session. <\/p>\n The stock lacked strength across the short-, medium-, and long-term, earning a very low Momentum score in Benzinga\u2019s Edge Stock Rankings.<\/p>\n Disclaimer:\u00a0This content was partially produced with the help of\u00a0Benzinga Neuro<\/a>\u00a0and was reviewed and published by Benzinga editors.<\/p>\n Photo Courtesy: Zakharchuk on Shutterstock.com<\/p>\n","protected":false},"excerpt":{"rendered":"Grok Notes MSTR\u2019s Influence On Bitcoin When venture capitalist Jason Calacanis asked what Bitcoin\u2019s price would be without…\n","protected":false},"author":2,"featured_media":9413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[8148,8111,5893,5892,6364,5891,8149,8150,8151,7878,8152,2899],"class_list":{"0":"post-9412","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xai","8":"tag-category-cryptocurrency","9":"tag-category-markets","10":"tag-category-news","11":"tag-cms-wordpress","12":"tag-grok","13":"tag-pageisbzpro-bz","14":"tag-symbol-btc","15":"tag-symbol-mstr","16":"tag-tag-crypto-currency","17":"tag-tag-grok","18":"tag-tag-michael-saylor","19":"tag-xai"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/9412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=9412"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/9412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/9413"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=9412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=9412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=9412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}