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Strategy Buys 487 Bitcoin, Lifting Treasury to 641,692 BTC

The latest addition was funded via at-the-market sales of perpetual preferred shares under the STRF, STRK, STRD and STRC programs.

Overview

  • The Nov. 3–9 purchases totaled about $49.9 million at an average price near $102,557 per coin, according to an SEC filing.
  • Strategy’s aggregate holdings were acquired for roughly $47.54 billion, an average cost of about $74,079 per bitcoin.
  • At current prices, the stash is valued around $67–$68 billion, representing roughly 2.5%–3% of the total supply and the largest corporate position.
  • The company did not sell common stock for this tranche and maintains notable remaining issuance capacity, including a reported “42/42” plan to raise up to $84 billion through 2027.
  • Analysts flag rising funding costs and balance-sheet risks, citing preferred yields near 10.5% and about $689 million of interest payments due in 2026, while noting buys often align with liquidity windows rather than market timing.