Saylor is at it again, buying coins.
On the Strategy side, last week it bought 950 BTC at an average price of $79,670. The current total holdings have reached 846,000 BTC, with a total cost of about $63.8 billion and an average cost of $75,416.
Over the same period, Strategy spent $174 million to repurchase 1.77 million shares of STRC. The money spent on repurchasing preferred shares is 2.3 times what it would take to buy $BTC , and this week it did not raise financing by issuing stock through an ATM.
This round, Saylor is winning big again……
On the Strategy side, last week it bought 950 BTC at an average price of $79,670. The current total holdings have reached 846,000 BTC, with a total cost of about $63.8 billion and an average cost of $75,416.
Over the same period, Strategy spent $174 million to repurchase 1.77 million shares of STRC. The money spent on repurchasing preferred shares is 2.3 times what it would take to buy $BTC , and this week it did not raise financing by issuing stock through an ATM.
This round, Saylor is winning big again……
