Last week, Strategy — the biggest corporate Bitcoin holder on the planet and the company famously associated with Michael Saylor — quietly scooped up more BTC as markets slid. According to a fresh SEC filing, the firm bought 855 bitcoins for about $75.3 million. That works out to roughly $87,974 per BTC on average —…
Michael Saylor’s corporate Bitcoin pile — held by his company formerly known as MicroStrategy (now Strategy, Inc.) — has dipped below its average purchase price. Bitcoin’s recent slide into the mid-$70,000s briefly put its market value under the roughly $76,000 average cost per coin for the ~712,000 BTC the firm holds. On the surface that…