Michael Saylor’s Bitcoin Purchase Puts 40% of Holdings Underwater

Michael Saylor's company, Strategy, recently purchased 8,178 Bitcoin at an average price of $102,171. This acquisition brings their total holdings to 649,870 BTC.

The purchase price is approximately 10% above the current trading level of $91,149.70 for Bitcoin.
CryptoQuant reports that around 40% of Strategy's BTC holdings are now in the red, while 60% remain profitable.
No official statements have been made by Saylor or Strategy regarding these concerns.
Saylor hinted at a commitment to holding their Bitcoin stash by posting "HODL" on social media.

Bitcoin Market Status

Bitcoin has experienced a price decline of nearly 15% over the past week.
The current trading price is $91,333.01, with a market capitalization of $1.82 trillion.
Analysts indicate Bitcoin is in a Wyckoff distribution phase, suggesting continued market pressure.
The $88,000-$90,000 range is identified as a potential support zone if selling pressure decreases.