Saylor Hints at New Strategy Bitcoin Update
Strategy founder and chairman Michael Saylor has raised expectations that the company may announce a new update regarding its Bitcoin holdings with a recent social media post.
In his latest post, Saylor included purchase chart data and stated, “Bitcoin is digital energy.” Based on past posts, Strategy is known to typically issue official statements regarding Bitcoin purchases the day after such posts from Saylor.
Current Bitcoin Reserve Details
According to the shared data, Strategy’s Bitcoin reserve value currently stands at $53.09 billion. The company’s total BTC holdings are recorded as 847,363 BTC. Strategy’s total BTC cost is $64.11 billion, with an average purchase cost of $75,653 per BTC.
The data showed that the company had approximately $11.01 billion in unrealized losses on its current Bitcoin position, and its reserve value was 17.18 percent below cost.
Recent Transaction History
Strategy’s recent Bitcoin transactions are listed as follows:
*This is not investment advice.
The post Saylor Hints at New Strategy Bitcoin Update appeared first on TheCryptoUpdates.
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