Michael Saylor has now made more than $2.2 billion from Bitcoin
The Strategy did not buy any Bitcoin last week
But it now holds 845, 050 BTC worth approximately $65.9 billion, with an average purchase price of $75,412 per Bitcoin
This means BTC is now trading about 3.5% above Saylor’s average cost basis
and the position is now profitable by more than $2.2 billion
Strangely, instead of adding more $BTC , Strategy moved to repurchase $STRC
while continuing to build a massive cash reserve; in the latest disclosure, STRC purchases totaled approximately $176. 3 million, while the Bitcoin balance remained at 845,050 BTC
Michael Saylor isn’t selling Bitcoin and isn’t stopping his accumulation
The Strategy did not buy any Bitcoin last week
But it now holds 845, 050 BTC worth approximately $65.9 billion, with an average purchase price of $75,412 per Bitcoin
This means BTC is now trading about 3.5% above Saylor’s average cost basis
and the position is now profitable by more than $2.2 billion
Strangely, instead of adding more $BTC , Strategy moved to repurchase $STRC
while continuing to build a massive cash reserve; in the latest disclosure, STRC purchases totaled approximately $176. 3 million, while the Bitcoin balance remained at 845,050 BTC
Michael Saylor isn’t selling Bitcoin and isn’t stopping his accumulation
