MSTR Stock: Bitcoin Sits 3% Above Strategy’s $75,446…
By Abdelaziz Fathi
AI summary of the source article
Bitcoin traded around $77,567 on November 1, sitting less than 3% above Strategy's average acquisition cost of $75,446 across its 848,517 bitcoin holdings. The company reported $19.53 billion in Q3 net income and sold $431.8 million in bitcoin during 2026.
Why it matters
A drop below the average cost basis would "sharpen the pressure on a capital structure that now includes common stock, multiple preferred securities, debt, cash reserves and a bitcoin monetization program".
Key facts
- Strategy held approximately 848,517 bitcoin as of October 25, acquired for an aggregate $64.02 billion at an average price of about $75,446 per coin.
- The company generated $19.53 billion in third-quarter net income, driven almost entirely by a $20.91 billion gain on digital assets.
- Strategy sold approximately $431.8 million of bitcoin during 2026 to fund preferred-stock dividends and STRC repurchases.
Source excerpt · FinanceFeeds
Bitcoin is now trading less than 3% above Strategy's average acquisition cost, leaving MSTR investors with a much thinner cushion after a year in which the company has both added to and sold from its bitcoin treasury. Bitcoin was trading around $77,567 on November 1, compared with Strategy's average acquisition cost of approximately $75,446 per coin as of October 25. That puts spot bitcoin about 2…