$BTC institutional costs: The latest verified aggregate US spot BTC ETF cost estimate, published October 14, is approximately $81,500. BTC is about 0.35% below that reference.
Strategy held 848,517 BTC as of October 18 at an overall average acquisition cost of $75,446, including fees; BTC is about 7.64% above that cost. These percentages measure only the BTC price relative to the stated BTC cost basis.

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