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Strategy Completes 100th Bitcoin Purchase; Jane Street Increases MSTR Stake 473% in One Quarter

Strategy, formerly MicroStrategy, completed its 100th Bitcoin purchase by adding 592 BTC for $39.8 million at an average price of $67,286 per coin, bringing total holdings to 717,722 BTC valued at $46.65 billion, Michael Saylor said. The company accumulated these holdings for $54.56 billion at an average cost of $76,020 per BTC, implying an unrealized loss of about $8 billion. Jane Street increased its MSTR stake by 473% in one quarter, acquiring an additional 785,224 shares to reach 951,187 shares worth $124 million, a move some market participants have linked to alleged daily Bitcoin price activity. Chart comparisons of MSTR/IBIT and BTC/USD cited in reports suggest the pair's recent stabilization and potential bottoming pattern could mirror Bitcoin's price behavior.
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