Strategy Buys 13627 BTC for $1.25 Billion, Total Holdings Reach 687410 BTC

Strategy Inc. purchased 13,627 Bitcoin for $1.25 billion, increasing its total holdings to 687,410 BTC. The firm funds its Bitcoin purchases through equity and preferred stock issuance, maintaining substantial capital availability. This acquisition reinforces Strategy's long-term commitment to Bitcoin as a core treasury asset, despite unrealized losses on its holdings.

Strategy Inc. recently acquired 13,627 Bitcoin for $1.25 billion, marking its largest Bitcoin purchase since July 2025. The company's total Bitcoin holdings now stand at 687,410 BTC, with an average cost basis of $75,353 per Bitcoin. The firm continues to position Bitcoin as a long-term treasury asset, with its balance sheet increasingly weighted toward digital assets.

The purchase was funded through equity sales, including $1.13 billion from MSTR Class A common stock and $119 million from STRC preferred equity. Strategy retains significant capital availability through its stock issuance programs, including over $20.3 billion under STRK and $10.2 billion under MSTR common stock, providing continued flexibility for Bitcoin accumulation.

Despite a $17.4 billion unrealized loss on its Bitcoin holdings in the fourth quarter of 2025 due to a 20% price drop, Strategy continues to issue equity and maintain cash reserves to service dividends and obligations. The company's continued accumulation strategy signals long-term confidence in Bitcoin as a store of value and hedge against inflation.

What is the significance of Strategy's Bitcoin accumulation strategy?

Strategy's Bitcoin accumulation strategy has been a central part of its corporate identity since 2020. The firm's approach of treating Bitcoin as a long-term treasury reserve asset has influenced other companies to consider digital assets for their balance sheets. Strategy's large-scale accumulation of Bitcoin also reinforces its position as the largest corporate Bitcoin holder in the world.

How is Strategy funding its Bitcoin purchases?

Strategy funds its Bitcoin purchases through equity and preferred stock sales under its at-the-market programs. These programs include the sale of MSTR common stock and STRC preferred equity. The company has raised significant proceeds through these offerings, allowing it to continue its Bitcoin accumulation strategy.

What does Strategy's strategy imply for the broader market?

Strategy's continued investment in Bitcoin signals institutional confidence in the asset, despite market volatility and paper losses on its holdings. The firm's strategy aligns with rising institutional Bitcoin ETF inflows and regulatory developments in the U.S., which may further normalize Bitcoin as a corporate reserve asset. The firm's approach may influence other public companies to consider Bitcoin as part of their capital allocation strategy.