Adam Back: Strategy's leverage ratio is very low, previously only transferred BTC to another custodian and did not sell

Foresight News reported that Blockstream co-founder Adam Back stated on the X platform that bitcoin treasury company Strategy has been continuously purchasing bitcoin. The previous wallet switch was merely transferring bitcoin to another custodian and did not involve any selling. Strategy's leverage ratio is actually very low; it currently holds $64 billion worth of bitcoin with only $8 billion in debt, resulting in a leverage ratio of about 13%. Moreover, its debts are all long-term and do not require short-term repayment.