Key Highlights
- Strategy added 2,486 Bitcoin to its portfolio for $168.4 million at an average price of $67,710 per coin, boosting total holdings to 717,131 BTC.
- The buy was financed through at-the-market sales, raising $90.5 million from 660,000 MSTR Class A shares and $78.4 million from 785,354 Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) shares, totaling about $169 million.
- Despite paper losses of several billion and Bitcoin trading soft around $68,200, this marks another weekly addition in a long streak. sentiment, Dogecoin’s structure remains intact with potential for a breakout above $0.16.
Strategy, the once a software intelligence firm now turned a legacy Bitcoin buyer, just announced that it has acquired 2,486 BTC for approximately $168.4 million, at an average price of $67,710 per coin.
This latest purchase adds to the company’s gigantic portfolio of 717,131 BTC—acquired for $54.52 billion. The firm’s updated average BTC price for acquisition now sits at $76,027 per bitcoin.
Saylor’s crew has turned Bitcoin treasury into its core identity since rebranding from MicroStrategy. Since their first purchase, the firm has been treating BTC as the ultimate inflation hedge and scarce asset.
Although this strategy has drawn both criticism and optimism from market watchers, who see it as visionary and skeptics pointing to paper losses. Their current holdings currently sit underwater by several billion at prevailing prices.
Still, the company shows no sign of slowing. This latest addition marks another step in a streak that has made Strategy far and away the biggest corporate holder, controlling a growing slice of Bitcoin’s fixed supply.
Funding for the latest purchase
The latest haul was funded through at-the-market (ATM) sales of its securities. Between February 9 and 16, Strategy raised $90.5 million by selling 660,000 shares of its MSTR Class A Common Stock and another $78.4 million from offloading 785,354 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).
Both these proceeds, totaling roughly $169 million, directly covered the Bitcoin purchase, continuing the firm’s playbook of issuing equity and preferred shares to fuel accumulation even in choppy markets.
The purchase landed during a soft patch for the market, with Bitcoin hovering near $68,200—as peer CoinMarketCap data. It comes on the heels of a smaller weekly add of 1,142 BTC the prior week.
Also read: BTC Supply in Profit Dips to 55%, Nearing the Historic Bottom Signal
