[Adam Back: Strategy's leverage ratio is low, no Bitcoin sold] Blockstream co-founder Adam Back posted on the X platform stating that the Bitcoin treasury company Strategy has been consistently purchasing Bitcoin. The previous wallet switch was merely transferring Bitcoin to another custodian and did not involve any sales. Strategy currently holds $64 billion worth of Bitcoin, with $8 billion in debt, resulting in a leverage ratio of approximately 13%. Furthermore, all debts are long-term and do not require short-term repayment.