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#Strategy Keeps Buying $BTC … Even Near Its Own Cost Basis.
MicroStrategy (Strategy) just added another 3,273 #Bitcoin (~$255M) at an average price of $77,906 last week, and at this point, the playbook hasn’t changed at all.
their total holdings now sits at 818,334 #BTC (~$63.58B), with an average entry of $75,537, putting them at an unrealized profit of around $1.76B (+2.86%).
and despite holding over 800K BTC, they’re still adding.
WE THINK: at this level, Strategy isn’t trading the market,they’re becoming part of the market structure.