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Bitcoin Falls Below Strategy's Average Purchase Price of $75,451
(3 hours ago) · 1 source · Summarized by CryptoBipto
Bitcoin's market price has dropped below the average cost basis of Strategy (formerly MicroStrategy), which holds one of the largest corporate Bitcoin treasuries. The company's average purchase price across its holdings is reported at $75,451 per Bitcoin.
WHY IT MATTERS
Imagine a company that spent billions of dollars buying gold bars over several years, paying different prices each time.
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SOURCES
- thedefiant.io
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