#strategyadds1666btcholdingsreach847666
Strategy buys 1.665 BTC more — even as shares fall.
SEC filing dated September 28: acquisition between September 21 and September 27 for US$ 142.7 million. Average price: US$ 85,681.
Total position: 847.666 BTC. Cumulative cost: US$ 63.95 billion.
Financing: ATM program. Sale of 1.47 million MSTR shares for US$ 246.2 million. Remaining to repurchase STRC.
Second consecutive week of buys. Previously, a 10-week pause.
$MSTR fell on the news, even after first reclaiming the 200-day moving average in almost a year.
The point: treasury buys and stock price don’t always move together. Dilution and market sentiment matter.
Does the pace continue? It depends on MSTR’s ability to raise capital on favorable terms.
Does corporate accumulation still drive sentiment, or is it already routine?
#bitcoin #strategy #MSTR #CorporateTreasury
$BTC
Strategy buys 1.665 BTC more — even as shares fall.
SEC filing dated September 28: acquisition between September 21 and September 27 for US$ 142.7 million. Average price: US$ 85,681.
Total position: 847.666 BTC. Cumulative cost: US$ 63.95 billion.
Financing: ATM program. Sale of 1.47 million MSTR shares for US$ 246.2 million. Remaining to repurchase STRC.
Second consecutive week of buys. Previously, a 10-week pause.
$MSTR fell on the news, even after first reclaiming the 200-day moving average in almost a year.
The point: treasury buys and stock price don’t always move together. Dilution and market sentiment matter.
Does the pace continue? It depends on MSTR’s ability to raise capital on favorable terms.
Does corporate accumulation still drive sentiment, or is it already routine?
#bitcoin #strategy #MSTR #CorporateTreasury
$BTC
