Strategy (MSTR) added to its bitcoin position last week, acquiring 2,486 BTC for roughly $168.4 million as part of its ongoing accumulation strategy.
The company now controls 717,131 bitcoin purchased for a total of $54.52 billion, representing an average cost basis of $76,027 per coin. With bitcoin currently trading near $68,000, the holdings imply an unrealized loss of about $8,000 per BTC — or approximately $5.7 billion in aggregate.
According to a Tuesday regulatory filing, the latest purchases were financed through $90.5 million in proceeds from common stock sales and $78.4 million raised via the company’s STRC preferred share issuance.
Shares of Strategy were down 3.2% in premarket trading and have fallen more than 60% over the past 12 months.
