Strategy's average BTC holding cost has decreased for the first time in 2.5 years

BTC1,26%

Odaily Planet Daily reports that according to Arkham monitoring, Michael Saylor’s average purchase price of BTC has decreased. Strategy bought BTC for $168.4 million, reducing MSTR’s average cost basis by $29 to $76,027. This is the first time since September 25, 2023, that this data has decreased in nearly two and a half years.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

TD Cowen cuts Strategy’s target price to $350 and assigns buy ratings to four digital asset treasury companies, including Sharplink

TD Cowen cut Strategy (MSTR)’s target price by 20.5% to $350, maintained a Buy rating, citing a lowered expectation for the price of bitcoin. For fiscal year 2026, its forecast for bitcoin revenue was reduced to $7.87 billion, and it still believes MSTR will convert demand for market volatility through leverage.

GateNews48m ago

StarkWare researchers propose a quantum-safe Bitcoin scheme that enables post-quantum transactions without requiring a soft fork

The Quantum-Safe Bitcoin (QSB) proposal put forward by StarkWare researcher Avihu Levy uses existing Bitcoin scripts to provide post-quantum security, avoiding a soft fork. QSB uses a Binohash-based construction and a “hash-to-signature” puzzle to defend against quantum computers’ attacks on elliptic curve cryptography. The scheme relies on RIPEMD-160’s preimage resistance, effectively strengthening the security of Bitcoin transactions.

GateNews50m ago

Bhutan Government Transfers 250 BTC Worth $18.05M to New Wallet

Gate News message, the Central Government of Bhutan transferred 250 BTC valued at $18.05 million to a newly created wallet address.

GateNews51m ago

BTC breaks through $72,000, up 1.17% over the past 24 hours

Gate News message, on April 10, market data showed that Bitcoin broke through $72,000, with a 24-hour increase of 1.17%.

GateNews1h ago

Bitcoin 1 Week RSI Breaks Downtrend for First Time Since October Crash, Recovery Rally Ahead?

Bitcoin 1 week RSI breaks downtrend for the first time since October crash. Is a recovery rally expected for crypto prices.  Several possible targets set for bullish and bearish BTC outcomes. Bitcoin and crypto enthusiasts grow hopeful for a promising crypto market price surge as new

CryptoNewsLand1h ago

U.S. March CPI data is about to be released: market expectations and analysis of crypto capital flows

Analyze market expectations before the release of the U.S. March CPI data, divergences in the inflation structure, and the potential transmission pathways to crypto assets’ risk appetite.

InstantTrends1h ago
Comment
0/400
No comments