Strategy Buys $980M In Bitcoin But One Crucial MSTR Metric Turned Red
Strategy Inc. (NASDAQ:MSTR) disclosed another major Bitcoin (CRYPTO: BTC) purchase on Monday, acquiring 10,645 BTC for about $980.3 million between Dec. 8 and Dec. 14, even as a key performance metric behind its stock turns negative.
Strategy Extends Bitcoin Accumulation
The company said it paid an average price of $92,098 per Bitcoin, funding the purchase through at-the-market sales of common stock and multiple preferred share offerings.
Nearly $989 million was raised during the week through MSTR and its STRF, STRK, and STRD securities.
As of December 14, Strategy holds 671,268 BTC, acquired for roughly $50.33 billion at an average cost of $74,972 per Bitcoin.
The filing reinforces that Bitcoin remains the firm’s central treasury asset, with accumulation driven primarily by capital markets activity rather than operating cash flow.
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