Bitcoin Slips Below Strategy’s $75,451 Average BTC Purchase Price
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin’s Sunday price put Strategy’s large BTC position slightly below its reported aggregate acquisition cost.
Bitcoin traded below Strategy’s reported average purchase price of $75,451 per coin on Sunday, pushing the company’s disclosed Bitcoin holdings below their aggregate acquisition cost.
Strategy holds 849,327 BTC, which were valued at roughly $63.58 billion based on the cited Sunday price.
The company has reported spending about $64.08 billion to acquire those holdings, leaving their market value roughly $500 million below the total purchase cost at that price.
The comparison reflects an unrealized valuation change and can shift quickly as Bitcoin’s market price moves.
Source: The Defiant
