Saylor teases more BTC; Strategy's last buy at $86,194 is ~4% underwater, stack is +$6.1B with ~8.7% cushion
Michael Saylor posted "We found room for more orange" on Sunday, his usual hint that Strategy (MSTR) is buying more bitcoin. Its last filing: 250 BTC bought Oct 5 to 11 at $86,194 each, 848,250 total.
With bitcoin near $82,600 this morning, that last buy is ~4% underwater. The whole stack ($75,444 average cost) is up ~$6.1B. Bitcoin would need to fall ~8.7% to hit breakeven.
Sources: @saylor: We found room for more orange. · X story: Black Monday fears fade as futures rise; bitcoin around $82,500-$82,700
Not financial advice. For informational and educational purposes only.
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