Overview
- Strategy disclosed a Dec. 8–14 purchase of 10,645 BTC for $980.3 million at an average price of $92,098, taking its holdings to 671,268 BTC.
- The company now controls roughly 3.2% of Bitcoin’s eventual supply, with a stated aggregate acquisition cost of about $50.33 billion.
- Recent buys were financed through at‑the‑market sales of common and multiple preferred stock classes, alongside a $1.44 billion cash reserve for dividends and interest.
- MSTR swung with Bitcoin’s pullback, sliding about 8% Monday as BTC neared the mid‑$80,000s, then rebounding roughly 3% Tuesday as crypto prices stabilized.
- S&P affirmed a B‑ rating with a stable outlook citing liquidity planning, while analysts continued to flag dilution and mNAV risks; separate commentary framed possible bank‑linked BTC lending as speculative.