$Strategy(MSTR)$ stock holding support well after triple bounce off that level.
Stock has top of the trendline at $320 if breaks we can see a breakout of downtrend.![[Sly]](https://c1.itigergrowtha.com/community/assets/media/emoji_020_jianxiao.46c9efda.png)
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What’s more, the company did a relatively good job with its purchases, as the average purchase price was about 2.8% below current levels, at $84,977.
To raise the money to buy the bitcoin, Strategy disclosed the public sale of 959,712 of its common shares, also from April 7 to April 13. With net proceeds of $285.7 million, that implies the company sold the shares at around $297.69.
That compares to the volume-weighted average closing price of the stock during the week of about $267.92.
Good sign to see!
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