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STRATEGY BUYS BITCOIN ABOVE ITS OWN AVERAGE COST

STRATEGY BUYS BITCOIN ABOVE ITS OWN AVERAGE COST

Strategy disclosed buying 334 bitcoin for $28.7 million in its latest SEC filing, paying $85,838 per coin on average. That price sits well above the $75,436 average cost of the company's full stack, now at 848,000 BTC bought for a cumulative $63.97 billion. Michael Saylor's firm keeps adding to its position even as each new purchase gets pricier than the one before it, a bet that $MSTR shareholders are still underwriting.

@55 Markets·2h ago·Source: SEC
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Written and verified by @55 Markets from the linked source. Not investment advice.

STRATEGY BUYS BITCOIN ABOVE ITS OWN AVERAGE COST | @55 Markets