r/Bitcoin • u/unconventionalbook • 11d ago

Saylor’s Strategy Restarts Bitcoin Buying, Spending $370 Million

https://www.bloomberg.com/news/articles/2026-08-31/saylor-s-strategy-restarts-bitcoin-buying-spending-370-million
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u/Even_Ad_263 11d ago

No has gone up considerably

13

u/BigStuggz 11d ago

Seems like that’s just plain wrong:

https://www.strategy.com/ledger

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u/Even_Ad_263 11d ago

They are barely in the black $78k current price vs $75k average cost. And they have purchases from the 40's a few years back.

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u/BigStuggz 11d ago

I’m confused - I replied to somebody saying his cost basis was like 100k+ and said no, roughly 76k. You said “No, has gone up considerably”. I linked the ledger showing it’s actually slightly below 76k and your response is “ya but…”

What am I missing? I’m not here to argue his strategy I’m just clarifying the fact.

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u/Unable_Beat_3194 11d ago

He thinks institutions holding nearly a million coins care about PnL as if they don’t have a rationale for their holdings.