Strategy holds 842,138 BTC worth approximately $54.66 billion with an average purchase price of $75,653 per bitcoin. The company sold 1,638 BTC for about $105 million to fund share buybacks and dividend payments, amassing $4 billion in cash while currently showing a paper loss of approximately $9 billion. Chairman Michael Saylor posted a StrategyTracker chart on X captioned « Doing Business, » reigniting speculation about potential new bitcoin purchases. The company has not made direct cryptocurrency purchases for its balance sheet since June, but current market conditions below its average entry price, combined with its substantial cash reserves, could favor a new accumulation phase.
Source: Read the original article

