Saylor’s move—selling coins for cash. MNAV is just squeezed at 1.02; the meticulous calculation is terrifying.

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CoinNetwork
Michael Saylor: Strategy holds 843,775 BTC and sells 3,588 BTC
According to CoinCircleNews, Saylor published a Strategy orange point Bitcoin accumulation chart on July 12. Selling 3,588 BTC from 6/29 to 7/5 brought in about $216 million; Strategy has bought 113 times and holds 843.8k BTC, with total purchases of about $843.8k and an average purchase price of about $75.5k. Based on $63,988 per BTC, the current BTC holdings are about $63.69B. MSTR market cap is $75.5k, EV is about $53.99B, MNAV is 1.02, cash is $35.17B, debt is $54.84B, and preferred stock is $1.5464 billion.
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