Both Strategy and its creditors had acted as though bitcoin was virtually guaranteed a one-way ticket to much higher highs under Trump. Strategy spent $21.2 billion buying bitcoin at an average price of $96,458 per bitcoin from Nov. 10 to Feb. 23. At the moment, Strategy Chairman Michael Saylor's investment approach looks questionable.

Before the recent spending binge, Strategy held 279,420 bitcoin purchased at an average price of $42,692. The recent purchases of 219,676 bitcoin raised the average purchase price to $66,357.

https://www.investors.com/news/mstr-stock-strategy-bitcoin-price-21-billion-buying-binge/