Strategy expanded its bitcoin treasury again last week, purchasing 592 BTC for roughly $39.8 million, according to a newly filed report with the SEC.
The coins were acquired at an average price of $67,286 each, with the transaction financed entirely through the sale of common stock.
After the latest addition, the company’s total holdings stand at 717,722 bitcoin, accumulated for a combined $54.56 billion — an average cost basis of $76,020 per coin. With bitcoin currently trading just above $66,000, the position reflects an unrealized loss of about $10,000 per BTC, or approximately $7 billion in aggregate.
Executive Chairman Michael Saylor noted on X that the update marks the firm’s 100th bitcoin purchase announcement since it began accumulating the cryptocurrency in August 2020, when it was still operating as MicroStrategy.
Shares of Strategy (MSTR) were down 2.5% in pre-market trading and have declined more than 50% over the past year.
