$BTC STRATEGY'S BITCOIN IS NOW $8.4 BILLION BELOW WHAT IT PAID
Bitcoin fell as low as $64,953 on Bitstamp today, its lowest price since Aug. 19.
At about $65,600, Strategy's 850,364 BTC are worth roughly $55.8 billion. The company paid $64.2 billion, an average of $75,456 per coin.
This is the third stretch this year that Bitcoin has traded below that average.
During the last one, from late June to early August, Strategy sold 6,916 BTC.
It has reported only purchases since Aug. 31.
Bitcoin fell as low as $64,953 on Bitstamp today, its lowest price since Aug. 19.
At about $65,600, Strategy's 850,364 BTC are worth roughly $55.8 billion. The company paid $64.2 billion, an average of $75,456 per coin.
This is the third stretch this year that Bitcoin has traded below that average.
During the last one, from late June to early August, Strategy sold 6,916 BTC.
It has reported only purchases since Aug. 31.
