Strategy Buys Another $109M in Bitcoin
Strategy added to its bitcoin treasury with a $108.8 million purchase, resuming accumulation after sitting out the prior week. The buy was funded through equity issuance and pushed the company’s total bitcoin holdings to nearly 672,500 BTC. The firm has amassed nearly 225,000 bitcoin this year.
What’s the Scoop?
- Latest purchase: Strategy bought 1,229 bitcoin between Dec. 22 and Dec. 28 at an average price of about $88,568 per BTC, spending roughly $108.8 million.
- Total holdings: Strategy now held 672,497 bitcoin acquired for about $50.44 billion at an average cost basis near $74,997 per BTC.
- Balance sheet context: The firm’s USD reserve stood at $2.19 billion following last week’s pause in buying, intended to support preferred dividends and debt interest.