Overview
- Strategy acquired 1,229 BTC for about $108.8 million at an average price of $88,568 per coin, according to an SEC filing.
- The purchase was funded by selling roughly 663,450 Class A shares under its at-the-market program, generating net proceeds of about $109 million with no preferred issuance.
- Total holdings now stand at 672,497 BTC acquired for roughly $50.44 billion, implying an average cost basis of about $74,997 per bitcoin.
- The filing follows a brief pause to build cash, with dollar reserves recently disclosed at approximately $2.2 billion before purchases resumed.
- Shares dipped about 1% in premarket trading as bitcoin hovered near $87,000, while Michael Saylor cited a 23.2% year‑to‑date bitcoin yield and public scrutiny persisted, including Peter Schiff’s funding critique and an ongoing MSCI index eligibility consultation.