Institutional Accumulation Continues as Strategy Adds $168M in BTC
Strategy has acquired another 2,486 BTC, raising its total holdings to 717,131 BTC.
With an average cost basis of approximately $76,027, the firm remains in an unrealized drawdown while continuing to accumulate. Funding for the purchase came from equity and preferred stock issuance, effectively converting corporate capital into long-term Bitcoin reserves.
This sustained buying activity steadily removes liquid supply from circulation, reinforcing the structural impact of institutional accumulation.
Outlook: Long-term bullish accumulation behavior remains intact.