MSTR continues to accumulate bitcoin as digital gold. Last week, it added another 2,486 BTC, totaling about USD 168 million in purchases. The company now has 717,131 bitcoins in its wallet, acquired at an average of USD 76,027 per coin.



The price of BTC is now at USD 72,780, so MSTR still has a significant difference per coin. The purchases were financed through the sale of common and preferred shares. MSTR's stock dropped significantly in the pre-market, more than 60% compared to the previous year.

Meanwhile, Bhutan did something interesting: quietly sold about 70% of its 13,000 bitcoins it had in October 2024. It now holds around 3,954 BTC, valued at approximately USD 280 million. It seems they slowed down or stopped the hydroelectric mining they were doing. While some accumulate, others are unloading.
BTC-0.36%
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