Strategy’s bitcoin purchases briefly underwater as cryptocurrency tests April 2025 lows
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Bitcoin's recent decline has caused Michael Saylor's leveraged bitcoin-buying vehicle, Strategy, to see its holdings dip below their cost basis for the first time in over two years. The company holds 712,647 bitcoin at an average price of $76,037, while the cryptocurrency fell to $74,540, nearing its April 2025 low of $74,425. To avoid selling bitcoin for obligations, Strategy revealed a US dollar reserve of $1.44 billion for interest and dividend payments.
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