Michael Saylor's Strategy adds 1,587 BTC for $100M; holdings rise to 846,842 BTC

Michael Saylor's Strategy purchased an additional 1,587 BTC last week, spending about $100 million at an average price of $63,024 per coin. The company's total Bitcoin position now stands at 846,842 BTC, valued around $56 billion. Strategy's average acquisition cost is $75,656, leaving it with an unrealized loss of $8.06 billion, or 12.59%.