SAYLOR NO PARA!
Strategy SPENDS ANOTHER $427 MILLION in Bitcoin. Surpassing 580K BTC and controlling almost 3% of the total supply
Strategy, the company led by #MichaelSaylor has made another mega-purchase of Bitcoin, acquiring an additional 4,020 BTC for approximately $427.1 million last week.
The purchase was made at an average price of $106,237 per coin, with total holdings of #bitcoin from #strategy now amounting to 580,250 #BTC .
Average Cost and Gains: The average cost of the company's entire Bitcoin position is approximately $69,979 per bitcoin, including fees and expenses. This translates to $22.7 billion in paper gains for the company.
Supply Control: Strategy now controls almost 3% of the total supply of 21 million bitcoins, consolidating its position as the largest corporate holder of Bitcoin.
