Did MicroStrategy Miss the Bitcoin Dip?

[tradelikepro]

Q: Was this purchase below MicroStrategy’s average cost?
A: No. By buying near $78,815, MicroStrategy did not lower its overall cost basis, which remains around $76,056 per BTC.

Q: How does this compare to Bitcoin’s recent market price?
A: Bitcoin traded well below $78,000 for much of the week and briefly hit $60,000, so the purchase occurred above current market prices.

Q: Has MicroStrategy done this before?
A: Yes. In 2022, BTC fell below MicroStrategy’s cost basis (~$30,600), and the company continued smaller purchases without lowering the overall average significantly.

[madtrader]

reminds me of 2022 when they kept buying below cost but didn’t really move the avg

[JanEmil]

They buy low. And then buy from their own wallet at higher price with new funds from investors. I think