Strategy Buys $101M Bitcoin, Reserves Reach 845,256 BTC; Shares Poised for 9% Swing
STRC•Strategy acquired 1,550 Bitcoin for $101 million at roughly $65,000 apiece, boosting total Bitcoin holdings to 845,256 and raising its USD reserve by $100 million to $1 billion. Options traders expect STRC shares to swing about 9% in either direction by Friday, reflecting heightened near-term volatility.
1. Bitcoin Acquisition Strengthens Balance Sheet
Strategy acquired 1,550 Bitcoin at an average price of around $65,000 per coin, spending $101 million and bringing its total holdings to 845,256 BTC. The company also boosted its USD liquidity by $100 million to $1 billion, funding the purchases through sales of common shares.
2. Implied Volatility Signals Potential Share Moves
Options traders now price STRC shares for a roughly 9% move in either direction by Friday, reflecting elevated near-term volatility after the bitcoin buy. The stock rebounded over 3% intraday following the announcement as analysts maintained bullish stances on its diversified crypto balance sheet.
