Bitcoin Behemoth Strategy Makes Largest Bitcoin Buy Since July, Snags 13,627 BTC


Bitcoin Behemoth Strategy Makes Largest Bitcoin Buy Since July, Snags 13,627 BTC


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World’s largest publicly traded holder of Bitcoin, Strategy, added another 13,627 BTC to its balance sheet over the past week through the use of common stock and its perpetual preferred equity STRC, marking its biggest purchase since July.

Strategy Pumps $1.25 Billion Into Bitcoin

Strategy revealed its biggest Bitcoin purchase in over five months on Monday, after spending more than a billion dollars on the asset last week, according to a press release.

The Tysons Corner, Virginia-based firm spent $1.25 billion on 13,627 BTC. Strategy now owns roughly 687,410 BTC, which was recently worth around $62.3 billion, based on current prices. The haul was acquired at an average price of $75,353 per coin for a total cost of approximately $51.80 billion. For perspective, the company now owns more than 3.2% of Bitcoin’s total 21 million supply.

As is now the norm, Saylor teased the latest buy ahead of time, noting in a Sunday post on X, “₿ig Orange.”

The latest acquisition fortifies Strategy’s status as the world’s largest corporate Bitcoin holder and indicates that its accumulation strategy remains intact even as prices remain choppy.

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According to the Monday release, the latest buys were funded through at-the-market sales of its Class A common stock, MSTR, and perpetual Stretch preferred stock, STRC. Specifically, Strategy sold $1.1 billion in MSTR and $119.1 million of STRC.

Strategy’s latest buy was considerably bigger than most purchases it has disclosed in recent months. Notably, the size of the firm’s latest purchase equals the total of its Bitcoin-buying activity since mid-September, when BTC was hovering above $115K.

The company’s aggressive Bitcoin-buying strategy spurred the proliferation of BTC-centric treasuries among publicly listed companies. Public companies now hold more than 1.1 million Bitcoin, data from Bitcoin Treasuries shows. 

Strategy’s latest billion-dollar purchase comes after major stock indices provider MSCI confirmed it will not be immediately excluding digital asset treasuries (DATs) from its global indexes in its February rebalancing, ending months of uncertainty around crypto-related equities.





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