Bitcoin Trades Below Strategy’s $75,451 Average Purchase Price
The company’s disclosed 849,327 BTC were worth about $63.58 billion at the Sunday quote, below their $64.08 billion acquisition cost.
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinAcquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
More about AcquisitionMore in Bitcoin
From the blog
XRP Surges Past Bitcoin in South Korean Trading Volumes
XRP has surpassed Bitcoin to secure the top spot in 24-hour trading volume on South Korea's premier exchange, Upbit, amassing…
Elara Winter2 min read
Analyst Predicts XRP Will Surpass Bitcoin and Explains Why
Franklin Templeton executive Sandy Kaul highlights growth in decentralized identity, AI micropayments, and security. Analysts suggest XRP's utility could eventually…
Elara Winter3 min read
Prominent Analyst Predicts XRP Price Target if Bitcoin Reaches $1M
Trader Crypto Rover released ambitious long-term price targets for several major cryptocurrencies, setting a $100 objective for XRP and a…
Elara Winter3 min read