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Michael Saylor sold 6,916 Bitcoin and rebought 4,603, losing $84 million

  • Michael Saylor sold 6,916 Bitcoin and later repurchased 4,603 Bitcoin.
  • $80,318 was the average repurchase price, versus $62,081 for sales.
  • Lookonchain assessed the overall result as an $84 million loss.

Michael Saylor sold 6,916 Bitcoin at an average price of $62,081 over the past two months, with the transactions valued at $429.35 million. He later bought back 4,603 Bitcoin at an average of $80,318, worth $369.7 million. Lookonchain characterized the result as an $84 million loss.

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