Overview
- The company disclosed a $962.7 million outlay at an average price of $90,615 per bitcoin in the Dec. 1–7 window.
- Funding consisted of about $928.1 million raised via MSTR common stock and $34.9 million from STRD preferred shares, totaling roughly $963 million in net proceeds.
- Strategy now holds 660,624 BTC acquired for approximately $49.35 billion, implying an average cost basis near $74,696 per coin.
- Management pointed to a $1.44 billion USD reserve intended to cover near-term dividends and interest, easing any need to sell bitcoin.
- MSTR rose roughly 2% after the announcement but remains down more than 50% over six months, while analysts highlight a Jan. 15 MSCI index review as a potential risk to passive flows.