Strategy Releases "Bitcoin Investor's Guide": Bitcoin Is Becoming the Cornerstone of Digital Capital Markets

BlockBeats news, September 13 — Strategy publicly released the "Bitcoin Investor Guide" compiled by its team, with a revision date of September 7, 2026, and market data as of September 4. The guide is aimed at professional investors, private investors, bankers, advisors, and capital allocators, and systematically explains Bitcoin's monetary properties, investment logic, market structure, portfolio role, custody methods, and risks.

The core view holds that Bitcoin is no longer merely a speculative asset and is becoming the foundation of a new type of digital capital market — a scarce, open, global reserve asset. The long-term logic is built on scarcity, open access, global liquidity, and independent verification, and it may absorb part of the monetary premium currently attached to gold, real estate, equities, bonds, and art.

Key data snapshot (as of September 4, 2026): Bitcoin price at approximately $79,809, the 200-week moving average at approximately $64,715 (a premium of approximately 23.3%); 1-year return at approximately -28.3%, 10-year annualized return at approximately 62.8%; 30-day average trading volume at approximately $28.3 billion, open interest at approximately $96 billion; spot ETFs hold approximately 1.27 million BTC, and total network hashrate is approximately 935 EH/s.

The guide emphasizes Bitcoin's positioning as "digital capital": maximum supply is capped at 21 million coins, with no issuer, no maturity date, and no contractual cash flows, and its value mainly depends on scarcity and the monetary premium assigned by the market. It can be held directly, transferred globally, and independently verified. After the U.S. SEC approved spot Bitcoin ETPs in January 2024, institutional access improved significantly, and futures, options, and custody infrastructure continued to mature.

On risk disclosure, the guide points out that Bitcoin is highly volatile, has no repayment promise, and its price can fall sharply; self-custody and third-party custody, ETPs, corporate securities, and derivatives all carry different legal, operational, and counterparty risks; transactions are irreversible, and lost keys can lead to permanent loss. As a listed company holding a large amount of Bitcoin, Strategy itself has an interest linked to Bitcoin's price. The document explicitly states that it is for educational purposes only and does not constitute investment advice.