Strategy reported another Bitcoin purchase worth $116.3M, acquiring 1,287 BTC between December 29 and January 5 💰
As of January 5, the company holds 673,783 #BTC — over 3% of Bitcoin’s total supply. Since 2020, Strategy has spent roughly $50.5B accumulating $BTC at an average price of around $75,000 per coin.
The latest buy was fully financed through the issuance and sale of MSTR shares. Since the start of January, MSTR stock is up about 3%, following a steep 60%+ decline over the previous five months. 🚀
Founder Michael Saylor also revealed an additional $62M added to the company’s cash reserves, bringing total reserves to $2.25B. 💵
