Michael Saylor posts cryptic Strategy chart after $216 million bitcoin sale: 'Orange dots tell only part of the story'
Michael Saylor posted a cryptic chart related to Strategy following a $216 million bitcoin sale, captioned 'Orange dots tell only part of the story.' The article is sourced from The Block.
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Strategy's sale of 3,588 BTC — 1,363 in late June and 2,225 over July 1-5 — funded preferred-stock distributions, leaving its 843,775-BTC stack roughly $9.7 billion underwater at an average $75,476 cost.
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