Strategy sold BTC low and bought it back higher, taking $84M loss in two months

Strategy (MSTR) sold 6,916 BTC worth $430 million over the past two months at an average price of $62,081, then repurchased 4,603 BTC worth $370 million at the higher average price of $80,318, resulting in a loss, according to Lookonchain. Lookonchain said the recent trades amount to an $84 million loss for Strategy and added that the company appears to have shown weak trading judgment.