$BTC n$AAVE n

Recently noticed an interesting phenomenon - the publicly traded company MicroStrategy, which holds the most Bitcoin, suddenly piled up $2.2 billion in cash reserves.

This action seems ordinary, but it actually implies a lot.

They have a clear plan: to use this money to cover shareholder dividend needs for the next two and a half years, while reserving ammunition for a potential market downturn. In simple terms, they are preparing for the worst.

Why be so cautious? The reasoning is not complicated. Bitcoin will undergo a halving next year, and from a historical cycle perspective, 2025-2026 is likely to be another phase bottom. While others flee in the face of risk, this company is quietly stockpiling resources.

This releases several interesting signals:

First of all, even the most radical Bitcoin believers have started to hedge risks and will not place all their bets on a single asset. Secondly, their long-term strategy for Bitcoin has not wavered, but the cash flow defense line has been raised. Again, this steady progression seems to be building momentum for the next round of market activity.

Think from another perspective — if even the most steadfast institutions holding coins are reserving cash for winter, shouldn't we ordinary players reflect on our own strategies?

It may not be about asking you to give up your confidence in the market, but rather to realize that: position management and surviving until the moment the bull market arrives are often more important than anything else.

The more intense the market fluctuations, the more crucial the lifeboat in hand becomes. True opportunities often belong to those who can endure loneliness and maintain their bottom line.