Strategy just bought another 4,871 BTC

Strategy just added another 4,871 BTC and now sits on 766,970 BTC total. What stood out to me isn’t even the buy itself anymore, it’s how normal this has become for them even while sitting on a massive unrealized Q1 loss.

At this point Strategy feels less like a company holding bitcoin and more like a permanent bid under the market. Curious how people here see it now: bullish long-term supply sink, or growing balance sheet risk if BTC stays below their average cost too long?

Source: https://btcusa.com/strategy-buys-another-4871-btc-but-the-real-signal-is-whats-happening-under-the-surface/