Strategy Acquires 855 Bitcoin for $75.3 Million

Strategy has continued to expand its Bitcoin holdings and has purchased 855 Bitcoin (BTC) in a latest transaction. According to a recent X.com post made by the company, the firm has acquired an additional 855 BTC for approximately $75.3 million. The latest acquisition was made at an average price of $87,974 per Bitcoin.

Strategy Bitcoin Holdings Expands

After this latest acquisition, Michael Saylor’s Strategy now holds a total of 713,502 BTC. The company has invested approximately $54.26 billion into Bitcoin, with an average acquisition cost of $76,052 per Bitcoin. Strategy’s ongoing accumulation has been funded through at-the-market equity offerings and preferred stock issuances. At the current market valuation, Strategy Inc. remains the largest corporate holder of Bitcoin, controlling a total of 3.39% of the total Bitcoin supply.

The latest purchase comes during a period of heightened market volatility. The company continues to fund its "Bitcoin-first" treasury model through its "21/21 Plan," a three-year capital raise strategy designed to utilize both equity and debt. Despite short-term price fluctuations, the company remains committed to its long-term “HODL” strategy.

Led by Executive Chairman Michael Saylor, Strategy remains steadfast in its strategy, recently urging index providers like MSCI to reconsider rules that might exclude Bitcoin-heavy treasuries from global benchmarks.