According to a report for the U.S. Securities and Exchange Commission, the transactions took place between June 1 and June 7. The average purchase price was $65,332 per coin.
Strategy holds 845,256 BTC worth about $53.5 billion. The company’s total cryptocurrency spending including fees and expenses totaled $64 billion. The average entry price for the entire portfolio is $75,680.
At current levels, the company’s unrealized loss is approximately $10.5 billion, with Strategy controlling more than 4% of the total bitcoin issuance.
In late May, Strategy sold bitcoins for the first time in several years. It reduced its holdings by 32 BTC, raising $2.5 million to pay dividends on preferred shares (STRC, STRF and others). Analysts at Standard Chartered cited this as the reason for bitcoin’s decline in early June and predicted a slowdown in its further growth relative to other cryptocurrencies.
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