MicroStrategy first bought $250 million worth of #Bitcoin at $11,000 in 2020.
Then $700 million at $21,000 per bitcoin
$1 billion at $52,000
$500 million at $37,000
$177 million at $45,000
$242 million at $48,000
$500 million at $59,000
$280 million $45,000
$200 million at $30,000
$377 million at $28,000
$147 million at 27,000
Their average buying price is $29.5k per bitcoin and at the time of this writing the bitcoin spot price is $26.1k per bitcoin.
I feel fortunate that I'm averaged in somewhere around 7k per coin even though I don't have as many as Saylor lol...
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The fiat price of bitcoin is just an illusion
For now its a real illusion but your point is taken.