Strategy Pushes Holdings to Over 641K Bitcoin After $50M Purchase

Strategy, the digital asset treasury company led by Michael Saylor, has added more Bitcoin to its balance sheet. The firm purchased 487 BTC last week at an average price of $102,557 per coin.

Good to Know

• Strategy now holds 641,692 BTC
• Total acquisition cost is approximately $47.54 billion
• The company reports a 26.1% BTC yield year-to-date

The latest acquisition brings the company’s total holdings to 641,692 BTC, accumulated at an average cost of $74,079 per coin. Strategy remains the largest corporate holder of Bitcoin, and the first publicly traded company to adopt BTC as its primary treasury reserve.

Saylor said the accumulation strategy continues to align with the firm’s belief in Bitcoin as a long-term monetary asset. The company trades on Nasdaq under the ticker MSTR. The stock has moved lower in recent weeks amid broad volatility in the crypto market, falling about 7.5% in the past five days and over 22% over the past month.

Strategy also recently announced plans to launch a euro-denominated perpetual preferred stock IPO. Proceeds from the offering are intended for corporate use, including the acquisition of additional Bitcoin.

At the time of writing, BTC trades at $106,346.

FAQ

How many Bitcoin does Strategy hold now?

A total of 641,692 BTC.

What is the average purchase price?

Approximately $74,079 per BTC across all acquisitions.

Why did the firm announce a new preferred stock offering?

To raise capital for operational needs and to continue acquiring Bitcoin.

Is the stock decline tied to Bitcoin price movement?

MSTR typically trades in correlation with BTC market conditions and overall crypto sentiment.