Strategy (MSTR) Adds 1,036 Bitcoin for $81.9 Million as Holdings Slip Below Cost

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Strategy bought 1,036 bitcoin between November 2 and November 8 for $81.9 million, at an average price of $79,012 per coin. Its holdings now total 850,364 BTC, acquired for $64.16 billion, while bitcoin trading near $74,800 leaves the company’s treasury roughly $550 million below its cost basis. The firm funded the purchase by selling 2.05 million MSTR shares and instead devoted $188.3 million to repurchasing STRC preferred shares. As of November 8, the USD Reserve stood at $4.77 billion and USD Cash at $146.2 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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