Strategy Adds $49.9M in Bitcoin, Now Holds Over 3% of Total Supply
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Bitcoin treasury firm Strategy - formerly MicroStrategy - has added another 487 BTC worth $49.9 million at an average price of $102,557, according to a recent SEC filing.
The company now holds 641,692 BTC, valued at roughly $68 billion, purchased for a total of $47.5 billion, giving it more than $20 billion in unrealized gains.
The latest buy – the firm’s largest in six weeks – was funded through proceeds from its perpetual preferred stock programs (STRK, STRF, STRC, and STRD), part of Strategy’s ambitious $84 billion “42/42” plan to continue acquiring Bitcoin through 2027.
Under Michael Saylor’s leadership, Strategy has transformed into the world’s biggest corporate Bitcoin holder, controlling over 3% of the total BTC supply. Despite Bitcoin’s volatility, Saylor maintains that the company’s balance sheet is structured to endure a prolonged downturn thanks to its diverse mix of equity and debt.
Saylor hinted at the latest purchase with his trademark message “₿est Continue,” reinforcing Strategy’s relentless accumulation approach.
MSTR stock gained 2.8% in pre-market trading Monday, following a 2% rise Friday, though it remains down nearly 20% year-to-date.
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