Post
Topic
Board Economics
Merits 1 from 1 user
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Ambatman
on 16/06/2025, 13:11:37 UTC
⭐ Merited by JayJuanGee (1)

You can check your watch against these announcments.
Anytime there's an update on their purchase the first thing I normally do is check the average price.
This got me curious, so I calculated what the average price would be if Saylor bought same number of Bitcoin they own @ $120K.

I.e 592100×$120K =$71,052,000
Total Bitcoin purchased = 592100×2
                                         =1,184,200
Total amount used = $71,052,000+$41,841,338,600
                               =$112,893,338,600

Average price : $112,893,338,600/1,184,200
                       = $95 333


This is still below $100K. This shows that early buys has given strategy advantage over any new entrants
Especially those that started above $100K