Selling Low and Buying High: Strategy Loses About $84 Million in Two-Month Bitcoin Trades
OdailyOdaily News: Strategy, an entity controlled by Michael Saylor, has traded Bitcoin multiple times over the past two months, selling 6,916 BTC at an average price of approximately $62,081, raising about $429 million, and subsequently repurchasing 4,603 BTC at a higher price range of approximately $80,300, spending about $370 million, resulting in a loss of approximately $84 million from these trades.
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