According to CoinMeta, as reported by A in an early issue of in in 2021, the entity Strategy controlled by Michael Saylor sold 6,916 units of BTC at an average price of $62,081 over the past two months, realizing $429 million in cash. Subsequently, it repurchased 4,603 units of BTC at an average price of $80,300, costing $370 million, resulting in a loss of approximately $84 million on these transactions.