Strategy's Bitcoin Holdings Surpass 673,783 BTC After $116M Purchase
Strategy's Bitcoin holdings have surpassed 673,783 BTC after the company added $116.3 million worth of Bitcoin between December 29 and January 4. This purchase was made at an average price of $90,391 per Bitcoin, bringing Strategy's total acquisition costs to around $50.6 billion.
The company's entire treasury was accumulated at an average cost of $75,026 per Bitcoin. Strategy funded the acquisition through at-the-market sales of Class A common stock, selling 1,990,911 MSTR shares for approximately $312.2 million last week.
Strategy also increased its USD Reserve by $62 million during the period, pushing the total to $2.25 billion. This reserve supports dividend payments on preferred stocks and covers interest obligations on existing debt.