Strategy Acquires Additional Bitcoin, Total Holdings Nearing 767,000 BTC
- Michael Saylor’s Strategy (MSTR) purchased an additional 4,871 bitcoin for approximately $329.9 million at an average price of $67,718 per coin.
- This acquisition increases total holdings to 766,970 BTC, with an all-in average cost basis of $75,644.
- At the current bitcoin price of around $69,120, the position is experiencing unrealized losses of about $5 billion.
- Funding for the recent purchase primarily came from sales of STRC preferred stock ($227.3 million) and common stock ($72 million).
- Over the past month, Strategy has accumulated roughly 44,000 BTC, making it one of two major institutional buyers alongside spot ETFs.
With a total holding of approximately bitcoin representing about 3.8% of the total circulating supply (20.01 million coins), Strategy remains the largest corporate holder in this asset class.
The recent purchase reflects a significant investment strategy despite facing unrealized losses of around $5 billion due to current market conditions.(Source)
