Michael Saylor’s Strategy acquires another 855 BTC for $75 million as total bitcoin holdings briefly slip underwater
Strategy bought 855 BTC for $75.3 million, briefly seeing its total holdings dip into an unrealized loss as Bitcoin's price fell.Summary
MicroStrategy (Strategy) acquired an additional 855 BTC for approximately $75.3 million between January 26 and February 1, funded by recent at-the-market stock sales. This purchase brings their total holdings to 713,502 BTC, acquired at an average cost of $76,052 per coin, totaling about $54.3 billion. Due to recent negative price action, where Bitcoin briefly dropped below $76,000 on Monday, Strategy's average cost basis momentarily resulted in an unrealized loss for the first time since October 2023, although the holdings still represent a paper gain of $1.2 billion at current prices. The company's stock (MSTR) has also seen a decline, with its market cap-to-net asset value ratio contracting significantly, meaning the company is currently valued at less than the Bitcoin it holds.
(Source：The Block)