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Strategy Adds 3,015 Bitcoin as Holdings Top 720,737 BTC

Cointelegraph
Strategy purchased 3,015 BTC for $204.1 million, increasing its total holdings to over 720,737 BTC.

Summary

Michael Saylor’s Strategy, the largest public holder of Bitcoin, completed its 101st purchase, acquiring 3,015 BTC for $204.1 million last week at an average price of $67,700 per coin. This latest acquisition brings the company's total Bitcoin holdings to 720,737 BTC, costing approximately $54.8 billion in total, with an overall average acquisition price of $75,985.

The recent purchase price was below Strategy's average cost basis, a situation that has occurred infrequently, such as during dips in 2022-2023. Strategy (MSTR) shares saw modest gains last week while Bitcoin traded relatively flat near $65,800.

Additionally, Chairman Michael Saylor announced that the company is increasing the dividend on its STRC preferred stock to 11.50% for March 2026, with capital raised potentially funding future Bitcoin acquisitions.

(Source:Cointelegraph)