๐งฎ Strategy now holds 850,364 $BTC, bought at an average of $75,456, per its SEC filing via Cointelegraph.
$BTC is $74,877 right now, 0.8% below that average. Last week's 1,036 coins cost $79,012 each, so those are about 5% under water.
The other number: since October it spent about $1.06B buying back STRC preferred shares vs $219.7M on bitcoin.
Is Strategy a floor under bitcoin or a risk if the price keeps sliding? ๐
$BTC
#BinanceSquare #WriteToEarn
$BTC is $74,877 right now, 0.8% below that average. Last week's 1,036 coins cost $79,012 each, so those are about 5% under water.
The other number: since October it spent about $1.06B buying back STRC preferred shares vs $219.7M on bitcoin.
Is Strategy a floor under bitcoin or a risk if the price keeps sliding? ๐
$BTC
#BinanceSquare #WriteToEarn
