Overview
- Strategy purchased 8,178 BTC between Nov. 10–16 for about $835.6 million at an average price of $102,171 per coin, marking its largest weekly buy in months.
- Funding was led by preferred offerings, including roughly €620 million (about $715 million) from the new STRE series and $131.4 million from STRC, according to Monday’s filing.
- Total holdings now stand at 649,870 BTC acquired for approximately $48.37 billion, with an average cost basis near $74,433 and a reported 27.8% BTC yield year to date.
- Bitcoin traded near $94,000 and MSTR shares around $195 as the stock’s market NAV multiple hovered near parity, making common-share issuance unattractive.
- Michael Saylor denied any bitcoin sales and reaffirmed continued accumulation, while Arca’s Jeff Dorman argued the firm faces negligible risk of forced liquidation despite vocal criticism.