Strategy Releases Bitcoin Investment Guide: BTC Is Transitioning from a Speculative Asset to a Foundational Asset of Digital Capital Markets

Odaily reports that Strategy has released the latest edition of its "Bitcoin Investor Guide," in which the report notes that as institutional access and market infrastructure gradually mature, Bitcoin is evolving from an early speculative asset into a foundational asset of digital capital markets. Its long-term value is built on scarcity, open access, global liquidity, and independent verification, and it may absorb some of the monetary premium currently attached to gold, real estate, equities, bonds, and art.

As of September 4, BTC was priced at approximately $79,809, about 23.3% above its 200-week moving average of $64,715; its return over the past year was approximately -28.3%, with a 10-year annualized return of about 62.8%. During the same period, Bitcoin's 30-day average trading volume was approximately $28.3 billion, open interest stood at roughly $96 billion, U.S. spot Bitcoin ETFs collectively held about 1.27 million BTC, and total network hashrate was approximately 935 EH/s.

On the risk side, Strategy cautions that Bitcoin remains a highly volatile asset and carries no principal repayment guarantee; different holding methods such as self-custody, third-party custody, ETPs, and derivatives each carry operational, legal, and counterparty risks. Strategy also discloses that the company itself holds a large amount of Bitcoin and has a financial interest tied to BTC's price.