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BlockBeats News, July 29th, Strategy Inc. (NASDAQ: MSTR) Chairman Michael Saylor stated that since the company established Bitcoin as its primary reserve asset in August 2020, MSTR stock has achieved an annualized return of 42%, surpassing Bitcoin itself, the "Magnificent Seven" tech stocks, and the S&P 500 Index.
As of July 29th, Strategy holds 843,775 BTC, with a total purchase cost of approximately $63.69 billion, an average price of around $75,476 per BTC. The current unrealized loss from the cost is about 17.9% (approximately $11.4 billion).
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