Key Highlights
- Strategy bought 10,645 Bitcoin for about $980 million, raising its total holdings to 671,268 BTC, which is worth over $60 billion.
- The purchase was funded mainly by selling company shares, marking the second week in a row Strategy has spent nearly $1 billion on Bitcoin.
- Strategy remains in the Nasdaq 100 but faces review from MSCI that could affect its index status due to its heavy Bitcoin exposure.
Strategy, the world’s largest publicly traded corporate holder of Bitcoin, disclosed today that it added 10,645 Bitcoin (BTC) between December 8 and December 14, spending about $980.3 million.
The company said it paid an average price of $92,098 per coin. It now holds a total of 671,268 Bitcoin, which is worth more than $60 billion based on current market prices.
Second large Bitcoin purchase in two weeks
Strategy said the deal was funded mainly through its at-the-market program by selling common shares of MSTR, with extra funds coming from sales of its STRD, STRK, and STRF perpetual preferred shares. In total, the company sold about 4.79 million common shares, raising roughly $888.2 million, while preferred stock sales added around $101 million.
This new purchase marks the second week in a row that the firm has spent close to $1 billion on Bitcoin. The previous week, Strategy acquired 10,624 BTC for about $962.7 million. The back-to-back purchases stand out because most of Strategy’s recent buys earlier in the year were smaller, mainly due to limits on how much new capital it could raise. Over the past two weeks, those limits appear to have eased.
Index status and market attention
Strategy’s leadership has defended its approach despite growing debate around shareholder dilution and the risks of a Bitcoin-heavy balance sheet. Earlier this month, CEO Phong Le said the company’s ability to raise billions of dollars showed its financial strength during a period when some investors questioned liquidity. Executive Chairman Michael Saylor has also said the company has “no plans to sell” its Bitcoin, describing the strategy as a long-term accumulation plan.
Alongside the Bitcoin disclosure, Strategy confirmed it will remain part of the Nasdaq 100 following the index’s latest annual review, with changes set to take effect later in December. Attention has now shifted to MSCI, which is reviewing whether companies with more than 50% of their assets in cryptocurrencies should be excluded from certain indexes. Strategy responded in a formal letter, calling the proposed threshold “discriminatory, arbitrary, and unworkable.”
MSCI is expected to announce its final decision by January 15, 2026, with any changes potentially applied at the February index review. Analysts have warned that removal from major indexes could lead to large fund outflows. Meanwhile, Bitcoin is currently trading for $89,596, according to CoinMarketCap.
Also Read: Vanguard Allows Bitcoin ETFs but Still Sees Crypto as Speculative
