Overview
- Strategy bought 10,645 BTC for $980.3 million at an average price of $92,098, lifting its holdings to 671,268 BTC acquired for $50.33 billion at a $74,972 average cost.
- The purchase was financed chiefly by $888.2 million of MSTR common stock sales, plus roughly $82.2 million of STRD preferred and smaller amounts from other preferred series, totaling about $989 million raised.
- It was the second straight week of near–$1 billion buying after 10,624 BTC were acquired the prior week for about $963 million, marking the firm’s largest back-to-back adds since July.
- Strategy retained inclusion in the Nasdaq 100 during the annual reconstitution, with index changes taking effect on December 22.
- MSCI is consulting on excluding companies with more than 50% of assets in digital assets, with a decision expected by January 15, and JPMorgan estimates potential passive outflows of about $2.8 billion for Strategy if adopted; the company has formally objected to the proposal and recently set a $1.44 billion cash reserve for dividends and interest.