Strategy Buys $980M in Bitcoin for Second Week
CMC Crypto News

Strategy Buys $980M in Bitcoin for Second Week

2分钟
18 hours ago

The Bitcoin treasury firm now holds 671,268 Bitcoin acquired for approximately $50.33 billion total, resulting in an average purchase price of $74,972 per coin

Strategy Buys $980M in Bitcoin for Second Week

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Strategy purchased 10,645 Bitcoin last week for $980.3 million, marking the second consecutive week the firm added nearly $1 billion to its treasury. The publicly traded company paid an average price of $92,098 per coin, according to a SEC filing released Monday.

The Bitcoin treasury firm now holds 671,268 Bitcoin acquired for approximately $50.33 billion total, resulting in an average purchase price of $74,972 per coin. At current prices near $89,462, the holdings are valued at roughly $60 billion.

Strategy funded the purchases through $989 million in stock sales last week. The company sold approximately $882 million worth of MSTR Class A common stock and $82 million worth of STRD Series A Perpetual Stride Preferred Stock to finance the Bitcoin acquisition.

The purchase represents Strategy's largest weekly accumulation since late July. The firm had significantly slowed its buying activity in recent months before resuming aggressive purchases in early December, when it acquired 10,624 Bitcoin for $963 million.
Strategy stock finished Friday trading at $176, down 21% over the past month and 53% in the last six months. Bitcoin has declined approximately 7% in the past 30 days and dropped more than 29% since reaching a new high above $126,000 in early October.

The company established a $1.4 billion cash reserve earlier this month to cover dividend payments and avoid potential Bitcoin sales during market downturns. Company executives acknowledged they may ultimately need to sell crypto assets during significant price declines despite the reserve fund.

Cantor Fitzgerald analysts dismissed investor concerns about Strategy's buying approach, particularly fears that the company avoided purchases during Bitcoin's recent price decline. Multiple analysts lowered price targets last week, citing the firm's potential exclusion from MSCI indices as a negative factor.

Strategy sent a public letter to MSCI last week arguing that excluding crypto treasury firms from its indices would constitute a potential national security threat. The firm claimed the move would undermine President Trump's pro-crypto agenda and harm U.S. digital asset leadership.

The Virginia-based company raised national security concerns in its 12-page appeal to the global financial services firm. Strategy continues to operate as the world's largest corporate Bitcoin holder while navigating market volatility and regulatory scrutiny.

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