Strategy adds $300M to USD Reserve, acquires 520 BTC
Strategy added 520 Bitcoin for $34.9 million at an average price of $67,068, bringing total holdings to 847,363 BTC. Total cumulative Bitcoin purchases now stand at $64.1 billion, with an average cost of $75,651 per BTC. The company also increased its US dollar reserve by $300 million to $1.4 billion, using proceeds from its at-the-market sale of Class A shares. In the same period, Strategy raised $335.5 million through MSTR sales, with most of the remaining funds supporting the reserve rather than BTC buying. The reserve is intended to help cover dividend payments and debt obligations, and the company said it plans to keep replenishing it depending on market conditions. Market attention remains focused on Strategy’s financing model as its stock and preferred shares stayed volatile. MSTR fell to $112.53 and STRC dropped below its $100 reference level, closing at $88.59.
