$MSTR - STRATEGY INC SELLS BITCOIN, RAISES $128M
Strategy Inc sold 32 bitcoin last week for $2.5M and raised $128.3M via share issuance.
The company holds 843,706 bitcoin with a $75,699 average purchase price.
It also confirmed preferred dividend payments and maintains an $900M USD reserve, with $26.1B capacity remaining under its stock program.
@CPrimeTeam@VECTORCP I don’t know where you get your data but the exchange supply is not at 6 year lows. @SaniExp is a better source of data compared to whatever service your using.
@CalebFranzen Most revealing at present is analyzing the reasoning and data on the bull side. Mental gymnastics that look more ridiculous as we go lower and lower.
@CalebFranzen So how does this play out? If we drop another 10% even more people will think its excessive-> means it probably isn’t->….. you can guess the rest. According to this logic even after price goes to 0 we should probably expect lower prices.