Strategy Inc. acquired 855 BTC for approximately $75.3 million at an average price of $87,974 per coin, boosting its total holdings to about 713,502 BTC during a sharp crypto downturn. This purchase reflects the company’s aggressive strategy to expand its digital asset reserves.

In the fourth quarter, the company posted a $12.4 billion net loss (about $42.93 per share) largely due to mark-to-market declines in its Bitcoin portfolio. The disappointing results spurred heavy selling pressure, with the shares trading near their 52-week lows and dragging down value rankings.