Strategy bought another 2,932 bitcoin for about $264.1 million between Jan. 20 and Jan. 25, according to a filing on Monday.
Purchase details
The company paid an average price of $90,061 per bitcoin.
The buying pace was slower than the $1 billion-plus acquisitions reported in each of the prior two weeks.
Total holdings
Strategy now holds 712,647 BTC, which the company said it acquired for $54.19 billion at an average price of $76,037 per bitcoin, including fees and expenses.
At bitcoin trading around $87,500 on Monday morning, the stack was valued at just over $62 billion.
Strategy’s holdings can be tracked on Bitbo’s Strategy treasury page.
Funding and market reaction
The latest purchase was nearly entirely funded through at-the-market sales of Strategy’s Class A common stock, MSTR, the filing said.
The company also raised about $7 million through the sale of its STRC series of preferred stock.
Strategy shares were down about 2% in pre-market trading on Monday.
Saylor’s hint
Executive chairman Michael Saylor previewed the move on Sunday, posting:
“Unstoppable Orange.”
