Strategy (MSTR) Stock: Saylor Teases Another Bitcoin Buy as BTC Holds Near $78,000
Photo: CoinCentral
TLDR Michael Saylor posted his orange chart on Sunday with the line “We found room for even more orange,” a pattern that has come before Monday purchase reports. Strategy held 848,517 BTC as of Oct. 25, up 26% year to date, with an average cost near $75,446 per coin. Bitcoin traded near $77,804 on Sunday, about 3% above Strategy’s average cost. U.S. spot Bitcoin ETFs lost $643.2 million on Oct. 30, leaving October with about $516 million in net outflows. Strategy reported record third-quarter operating income of $20.91 billion, mostly from an accounting gain on its Bitcoin.
Also reported by Coinotag, ETHNews.
Source: CoinCentral
