Strategy’s Fortune Swings $840M for Every $1,000 Bitcoin Move
Strategy paid an average $99,840 per bitcoin, lifting its portfolio’s buy price as BTC rose 22% in seven days to above $75,385. Another $10,000 increase in bitcoin could add about $8.4B to the value of Strategy’s holdings. The company also raised $2B by selling more stock, even as MSTR remains down sharply from recent highs.