FinanceAsianet Newsable
MSTR Stock Slides After Strategy Ends Four-Week Pause With $104M Bitcoin Sale
in5points
Strategy (MSTR) sold Bitcoin worth $104 million, ending a four-week pause.
The sale occurred at an average price of $63,957 per Bitcoin.
The average acquisition cost was approximately $75,419 per coin, resulting in a loss on the sale.
Shares of Strategy (MSTR) slid following the announcement.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Asianet Newsable
Center-right
Mixed factuality
Who owns this?
Asianet News Network
Rajeev Chandrasekhar / Jupiter Capital interests historically