Strategy Buys 168 BTC, But Plummeting MSTR/BlackRock Ratio Rings Alarm Bells
Strategy Inc. (NASDAQ:MSTR) has expanded its Bitcoin (CRYPTO: BTC) holdings to 640,418 BTC valued at roughly $71 billion after purchasing 168 BTC at an average price of $112,051, according to a filing on Monday.
Strategy Adds To Record Bitcoin Treasury
The company financed its latest acquisition by raising $18.8 million through the issuance of perpetual preferred shares and common stock.
The purchase cements Strategy’s position as the world’s largest corporate Bitcoin holder, far exceeding public peers like Tesla and Block.
At current prices, Strategy’s Bitcoin portfolio is worth more than $71 billion, purchased at an average cost of $74,010 per coin.
The move underscores Michael Saylor’s continued conviction in Bitcoin as a reserve asset, even as market volatility tests broader sentiment.
MSTR shares climbed 3% in pre-market trading to just below $300 following the disclosure, though the stock remains down year-to-date compared with Bitcoin’s 19% gain.
“Shadow ETF” Comparison Emerges
Strategy’s persistent Bitcoin accumulation has …
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