Bitcoin24h $84,203.89-0.15%

Ethereum24h $2,691.42+0.12%

BNB24h $773.43-0.21%

XRP24h $1.55+0.88%

Solana24h $120.73+3.09%

TRON24h $0.3369-0.43%

Zcash24h $1,533.16-3.10%

Hyperliquid24h $91.88-1.58%

Dogecoin24h $0.0979+1.97%

Chainlink24h $14.08+1.81%

Strategy paid $100M extra to buy back the bitcoin it sold

Strategy spent recent weeks rebuying 5,553 of the BTC it sold this summer. After selling low and re-buying high, the cost exceeds $100M.

Strategy has lost two-thirds of its mNAV in two years

Strategy’s basic mNAV stood at 2.04x two years ago. On Wednesday it read 0.68x, a decline of exactly two-thirds.

Michael Saylor keeps raising cash for STRC holders who’ve watched him shift his promises, so the discount below par is persisting.

Strategy announces unprecedented plan to sell BTC to pay for dividends and buy-back MSTR, STRC, and its other stocks.

Strategy’s dividend-paying STRC hit another all-time low today after losing one quarter of its value over the past 30 days alone.