Strategy bought another 1,286 BTC for about $116.3 million at an average price of $90,391 per bitcoin between Dec. 29 and Jan. 4, according to an 8-K filing with the SEC.
The purchase lifted Strategy’s total holdings to 673,783 BTC, which the company said is worth about $63 billion at current prices.
Purchase details
Michael Saylor said Strategy’s bitcoin was acquired at an average price of $75,026 per coin for a total cost of about $50.6 billion, including fees and expenses.
The company said the position represents more than 3% of bitcoin’s 21 million supply.
Strategy funded the latest buys using proceeds from at-the-market sales of its Class A common stock, MSTR.
The company also increased its USD Reserve by $62 million during the period to $2.25 billion.
‘Orange or Green?’
Saylor hinted at the acquisition on Sunday, posting:
“Orange or Green?”
The comment referenced whether Strategy would add to its bitcoin holdings or its USD reserves.
Prior buys and broader treasury trend
Last Monday, Strategy disclosed it bought 1,229 BTC for about $108.8 million at an average price of $88,568, taking holdings to 672,497 BTC.
Strategy shares closed up 3.4% Friday at $157.16 and were up 4.5% in pre-market trading Monday, while the company was described as down significantly from prior peaks.
