Overview
- A regulatory filing shows Strategy bought 1,287 BTC between Jan. 1–4 for about $116 million at an average price of $90,391, bringing its total to 673,783 BTC.
- The company’s lifetime bitcoin acquisition totals $50.55 billion at an average cost of $75,026 per coin, according to the disclosure.
- USD reserves increased by $62 million to $2.25 billion, which the firm says equates to roughly 32.5 months of preferred dividend coverage.
- The latest purchases were funded via at-the-market stock sales, including 735,000 common shares raising $116.3 million, with more than $11.3 billion in remaining common issuance capacity and no preferred issuance reported.
- MSTR and bitcoin edged higher following Michael Saylor’s “Orange or Green?” post and the filing, even as Strategy reported a $17.44 billion unrealized Q4 loss and faces potential MSCI index-exclusion risk and ongoing dilution concerns.