$84 Million Price Gap Emerges in Saylor's Bitcoin Transactions
Michael Saylor's Bitcoin transactions have been under scrutiny due to claims of selling at lower prices and buying back at higher prices. According to data from Lookonchain, a difference of approximately $84 million has formed in these attributed transactions.
The calculations are based on the price difference between the sales and repurchases, which indicates that Saylor sold 6,916 BTC at an average price of $62,081 for around $429.35 million. He then purchased 4,603 BTC at an average price of $80,318 for approximately $369.7 million.
The difference between the selling and repurchasing prices resulted in a cost of around $18,237 per Bitcoin. The data shows that the selling process occurred in two separate parts: one transaction where 3,588 BTC was sold at $60,197 and another where 3,328 BTC was sold at $64,112.
The source emphasizes that this figure is not a realized cash loss but rather a calculation based on the disclosed prices and quantities. The chart provided shows the Bitcoin price at $78,386 with a 13.7 percent change over the last three months.