Strategy rebuys 5,553 BTC for $445.4M, paying 29% more than it sold them for
- —Sold 6,948 BTC at an average $62,150; rebought 5,553 BTC at an average $80,207
- —Repurchase cost of $445.4M is 29% above the $345.1M raised from the sales
- —Bought 4,603 BTC at $80,318 from Aug. 24-30 and 950 BTC at $79,670 from Sept. 14-20
- —Holds 846,000 BTC as of Sept. 20 at an average cost of $75,416, total outlay $63.8B
Why it matters: Strategy has restored only part of what it sold: it is still 1,363 BTC below its June 21 holdings, requiring roughly $100M more to fully rebuild.
Source: TokenPost