Strategy just added another 13,927 bitcoin for roughly $1 billion at an average price of $71,902.
The company now holds 780,897 bitcoin acquired at a total cost basis of $59 billion, averaging $75,57...
suppose they have 59 billion in AUM but if they were to sell even 10% of that the price would crash more than 90%
so they have spent 59 billion but they hold less than 6 billion worth of bitcoin
let that sink in
so they have spent 59 billion but they hold less than 6 billion worth of bitcoin
let that sink in
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