MicroStrategy Adds More BTC Despite a $5.7B Paper Loss — What Are They Seeing?
MicroStrategy just added another 2,486 BTC, spending $168.4M last week.
Their average cost is now around $76,027.
With BTC near $68K, that puts them roughly $5.7B in unrealized loss.
Most retail traders panic at numbers like that.
Instead, MSTR raised capital:
•$90.5M via common stock
•$78.4M via preferred shares
And used it to buy more BTC.
They now hold 717,131 BTC.
Whether you agree with the strategy or not, this isn’t emotional trading. It’s a long-term capital allocation decision based on supply dynamics and conviction in Bitcoin as a treasury asset.
The real question isn’t whether they’re down.
It’s what they believe happens next.
What’s your take — smart accumulation or overexposure? #cryptocurrency