Michael Saylor's Strategy Buys 1,286 Bitcoin Worth $116 Million in Latest Acquisition

Strategy has continued its aggressive Bitcoin accumulation strategy by purchasing an additional 1,286 BTC for approximately $116.3 million. The purchases occurred between December 29 and January 4 at an average price of $90,391 per Bitcoin. This move was disclosed in an 8-K filing with the Securities and Exchange Commission on Monday.

The company now holds 673,783 BTC, valued at around $63 billion based on current market prices. These holdings were acquired at an average cost of $75,026 per Bitcoin, for a total investment of about $50.6 billion including fees and expenses. This substantial treasury represents more than 3% of Bitcoin's fixed 21 million supply cap and reflects roughly $12.4 billion in unrealized gains.

Funding Sources and Reserve Updates

The latest Bitcoin acquisitions were funded through proceeds from at-the-market sales of Strategy's Class A common stock. During the reporting period, the company sold 1,990,911 shares of MSTR for approximately $312.2 million. As of January 4, $11.39 billion in shares remain available under the active ATM program, while $41.4 billion is still authorized across all preferred stock ATM offerings combined.

Strategy also strengthened its USD cash reserve by adding $62 million during the same week, bringing the total to $2.25 billion. This reserve supports dividend payments on preferred stocks and interest obligations on existing debt. The increase follows a larger $748 million addition made just before Christmas, demonstrating the company's focus on maintaining liquidity alongside its Bitcoin treasury growth.

Executive Chairman Michael Saylor provided advance signals of the activity through social media updates. On Sunday, he posted a cryptic question about whether the company would add to its Bitcoin or USD holdings, referencing "Orange or Green." This followed a similar pattern from the prior week when Strategy announced a purchase of 1,229 BTC for $108.8 million.

Strategy has also actively engaged with index providers on policy matters affecting Bitcoin-holding companies. In December, in a letter to MSCI, the firm urged that they reject a proposed rule that would exclude companies with crypto assets exceeding 50% of total assets from global equity benchmarks. The company argued that such a restriction could cause unnecessary index volatility and run counter to broader U.S. efforts to support digital asset innovation, with MSCI expected to announce its final decision by January 15.