Another week, another chunk of Bitcoin for Michael Saylor and his company Strategy.
Last week they picked up 2,486 #BTC , spending about $168.4M at an average price of $67,710. Very on-brand --- slow, steady, and unapologetically big. That brings Strategy’s total stack to 717,131 $BTC , worth roughly $48.76B at current prices. The average entry across all those buys sits at $76,027, which means… yeah, they’re still underwater for now, with an unrealized loss of about $5.76B, roughly -10.56%. WE GUESS: No panic though. If there’s one thing Saylor’s been consistent about, it’s not blinking when the numbers go red.
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Another week, another chunk of Bitcoin for Michael Saylor and his company Strategy.
Last week they picked up 2,486 #BTC , spending about $168.4M at an average price of $67,710. Very on-brand --- slow, steady, and unapologetically big.
That brings Strategy’s total stack to 717,131 $BTC , worth roughly $48.76B at current prices. The average entry across all those buys sits at $76,027, which means… yeah, they’re still underwater for now, with an unrealized loss of about $5.76B, roughly -10.56%.
WE GUESS: No panic though. If there’s one thing Saylor’s been consistent about, it’s not blinking when the numbers go red.