Michael Saylor’s Strategy continued its aggressive bitcoin accumulation last week, purchasing 24,869 BTC in a deal valued at approximately $2.01 billion.
The coins were acquired at an average price of $80,985 each, lifting the company’s total holdings to 843,738 BTC. According to its latest SEC Form 8-K filing, Strategy has now invested around $64 billion in bitcoin, with an average cost basis of $75,700 per coin.
The latest purchase was funded primarily through sales of the company’s high-yield STRC preferred stock, alongside a smaller $83.7 million raised via common stock issuance.
Despite the sizable acquisition, Strategy’s shares (MSTR) declined about 2.5% in premarket trading, in line with a modest pullback in bitcoin, which was trading near $77,700, slightly below Friday’s levels
