
Strategy (not MicroStrategy) acquired 397 Bitcoin for ~$45.6 million at ~$114,771 per Bitcoin, achieving a 26.1% YTD yield as of November 2, 2025. They now hold 641,205 Bitcoin at an average cost of ~$74,057. The post highlights a potential risk for MSTR if Bitcoin falls below their average cost, questioning the premium of MSTR's NAV.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.