"Strategy, the bitcoin treasury company led by Executive Chairman Michael Saylor, purchased $168.4 million in bitcoin last week, continuing its long-running accumulation strategy despite ongoing volatility in the crypto market. The company disclosed that it acquired 2,486 BTC over the past week, expanding its already sizable holdings. The company's total bitcoin reserves now stand at 717,131 BTC, making it one of the largest corporate holders of bitcoin globally. According to the company, the full position has been accumulated for $54.52 billion, representing an average purchase price of $76,027 per bitcoin."
"With bitcoin currently trading around $68,000, Strategy's holdings sit below its aggregate cost basis. The difference implies an unrealized loss of roughly $8,000 per coin, or approximately $5.7 billion across the company's total stack. Saylor confirmed the latest purchase in a statement posted Tuesday, noting that Strategy continues to build its bitcoin position as part of its broader corporate treasury strategy. The company has consistently added bitcoin through market cycles, framing the asset as a long-term reserve holding."
Strategy purchased $168.4 million in bitcoin last week, acquiring 2,486 BTC and bringing total reserves to 717,131 BTC. The full position was accumulated for $54.52 billion, reflecting an average purchase price of $76,027 per bitcoin. With bitcoin trading around $68,000, the holdings sit below the aggregate cost basis, implying an unrealized loss of about $8,000 per coin, or roughly $5.7 billion overall. Recent buys were funded with $90.5 million from common stock sales and $78.4 million from sales of the STRC preferred series. Strategy accounted for over 90% of net new public-company purchases in January and controls nearly two-thirds of public-company bitcoin holdings. The company uses equity issuance and hybrid instruments and frames bitcoin as a long-term reserve asset.
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