Sell low, buy high—Strategy loses approximately $84 million on Bitcoin trades over two months
2026-08-31 13:59
Odaily News: Strategy, an entity controlled by Michael Saylor, has traded Bitcoin multiple times over the past two months, selling 6,916 BTC at an average price of approximately $62,081 for proceeds of around $429 million, then repurchasing 4,603 BTC at a higher price range of roughly $80,300, costing about $370 million—resulting in related trading losses of approximately $84 million.
