Michael Saylor’s Strategy Sells Another 1,690 BTC as USD Reserve Reaches $4.65 Billion
Strategy sold 1,690 BTC for approximately $108.6 million between Aug. 3 and Aug. 9, at an average price of $64,262 per bitcoin. The sale reduced its holdings to 840,447 $BTC
, currently worth about $54.7 billion.
The company originally acquired those holdings for approximately $63.4 billion at an average price of $75,385 per BTC, leaving it with roughly $8.7 billion in unrealized losses at current prices.
Strategy also raised $653.1 million by selling about 6.59 million MSTR shares. The proceeds were used to repurchase more than 1.15 million shares of STRC preferred stock and add $650 million to its U.S. dollar reserve, bringing the total to $4.65 billion.
Despite the sales, Strategy still controls around 4% of bitcoin’s maximum 21 million supply. Michael Saylor stressed that while Strategy’s policy has changed, he has never sold any of his personal bitcoin.
Tiếng Việt
Strategy sold 1,690 BTC for approximately $108.6 million between Aug. 3 and Aug. 9, at an average price of $64,262 per bitcoin. The sale reduced its holdings to 840,447 $BTC
, currently worth about $54.7 billion.
The company originally acquired those holdings for approximately $63.4 billion at an average price of $75,385 per BTC, leaving it with roughly $8.7 billion in unrealized losses at current prices.
Strategy also raised $653.1 million by selling about 6.59 million MSTR shares. The proceeds were used to repurchase more than 1.15 million shares of STRC preferred stock and add $650 million to its U.S. dollar reserve, bringing the total to $4.65 billion.
Despite the sales, Strategy still controls around 4% of bitcoin’s maximum 21 million supply. Michael Saylor stressed that while Strategy’s policy has changed, he has never sold any of his personal bitcoin.
Tiếng Việt