Strategy Inc. Raises Bitcoin Holdings to 713,502 BTC After $339.4M Purchases
Strategy Inc. acquired 855 BTC for $75.3 million at an average price of $87,974 between January 26 and February 1 after spending $264.1 million on 2,932 BTC at $90,061 the prior week. Its total Bitcoin holdings now stand at 713,502 BTC with an aggregate cost of $54.26 billion (average $76,047).
1. Recent Bitcoin Acquisitions
Between January 26 and February 1, Strategy purchased 855 BTC for $75.3 million at an average price of $87,974, following a $264.1 million investment for 2,932 BTC at $90,061 during January 20–25.
2. Aggregate Bitcoin Holdings
The company’s Bitcoin reserve has grown to 713,502 BTC with an aggregate cost of $54.26 billion, representing an average acquisition price of $76,047 per coin.
3. Funding Source
Both Bitcoin purchase tranches were financed through the sale of Strategy Inc. equity, specifically shares of STRC and MSTR, over the same acquisition periods.
4. Analyst Ratings and Market Reaction
Fifteen of 17 covering analysts maintain a Buy rating with a median target of $445 and a high of $705, while the share price dropped 10.9% as Bitcoin fell 10.5% from $79,000 to $70,000, pushing BTC below Strategy’s break-even cost.