Selling low and buying high, Strategy loses approximately $84 million on Bitcoin trades over two months

Odaily News: Strategy, an entity controlled by Michael Saylor, has conducted multiple Bitcoin trades over the past two months, selling a total of 6,916 BTC at an average price of approximately $62,081, cashing out around $429 million. It subsequently repurchased 4,603 BTC at a higher price range of approximately $80,300, spending around $370 million, resulting in related trading losses of approximately $84 million.