#StrategyAdds1666BTCHoldingsReach847666
Strategy Bought Bitcoin $10,000 Above Its Own Average Price and Called It Tuesday đđ
Between September 21 and 27, Strategy bought roughly 1,665 to 1,666 more Bitcoin, sources round it slightly differently, for about $142.7 million, at an average price of $85,681 per coin. Total holdings now sit at 847,666 BTC, cost basis $63.95 billion, company wide average price $75,437. Read those two numbers side by side. This batch cost over $10,000 more per coin than everything they already own averages out to. Strategy is not just buying Bitcoin anymore, it is buying it at a markup to itself. đ
Here is the funding switch worth noticing đ§
Last week's 950 BTC purchase came straight from existing cash, no new shares sold. This week reverted to selling 1.47 million MSTR shares for $246.2 million, splitting the proceeds, $142.7 million to Bitcoin, $103.5 million toward buying back 1.53 million STRC preferred shares. One week cash, the next week equity. Whichever pocket has the money that week apparently decides the method. đ
The scale number worth sitting with đŻ
One analysis flags Strategy now holds roughly 4% of Bitcoin's entire fixed 21 million coin supply. Concentration at that level tends to eventually draw attention from regulators and policymakers, not just other investors watching the filings. đĄ
The honest takeaway đ
Saylor's own preview post read simply, even more orange. The filing confirmed it. Whether buying at a premium to your own average makes sense long term is the same question this company has been answering with more purchases for years now.
$BTC
Strategy Bought Bitcoin $10,000 Above Its Own Average Price and Called It Tuesday đđ
Between September 21 and 27, Strategy bought roughly 1,665 to 1,666 more Bitcoin, sources round it slightly differently, for about $142.7 million, at an average price of $85,681 per coin. Total holdings now sit at 847,666 BTC, cost basis $63.95 billion, company wide average price $75,437. Read those two numbers side by side. This batch cost over $10,000 more per coin than everything they already own averages out to. Strategy is not just buying Bitcoin anymore, it is buying it at a markup to itself. đ
Here is the funding switch worth noticing đ§
Last week's 950 BTC purchase came straight from existing cash, no new shares sold. This week reverted to selling 1.47 million MSTR shares for $246.2 million, splitting the proceeds, $142.7 million to Bitcoin, $103.5 million toward buying back 1.53 million STRC preferred shares. One week cash, the next week equity. Whichever pocket has the money that week apparently decides the method. đ
The scale number worth sitting with đŻ
One analysis flags Strategy now holds roughly 4% of Bitcoin's entire fixed 21 million coin supply. Concentration at that level tends to eventually draw attention from regulators and policymakers, not just other investors watching the filings. đĄ
The honest takeaway đ
Saylor's own preview post read simply, even more orange. The filing confirmed it. Whether buying at a premium to your own average makes sense long term is the same question this company has been answering with more purchases for years now.
$BTC
