Michael Saylor is back at it: X @Strategy bought 4.603 BTC for USD 370 million after more than two months of pause. The deal coincided with Bitcoin’s return above USD 80,000. We break down the numbers behind the
move
X@Strategy sold 6.916 BTC between June and August. The new purchase covers about two-thirds of that total, leaving a gap of 2.313 BTC to recover. The company’s reserves reached a record 845.050 BTC (purchased at an average of USD
75.412).
X@Strategy
financing:
of USD 80.318 per token.
the purchase was funded with the sale of
shares
602.8M).
of cash liquidity above
6.700 million.
X@Strategy
move
X@Strategy sold 6.916 BTC between June and August. The new purchase covers about two-thirds of that total, leaving a gap of 2.313 BTC to recover. The company’s reserves reached a record 845.050 BTC (purchased at an average of USD
75.412).
X@Strategy
financing:
of USD 80.318 per token.
the purchase was funded with the sale of
shares
602.8M).
of cash liquidity above
6.700 million.
X@Strategy
