Strategy Buys More Bitcoin as $50 Billion BTC Stash Remains Underwater
Strategy, the world’s largest Bitcoin treasury company, bought an additional 1,142 Bitcoin last week, spending about $90 million at an average cost of $78,815 per coin. This purchase, funded through $89.5 million in Class A Common Share sales, brings Strategy’s total Bitcoin holdings to 714,644 BTC—about 3.4% of all possible Bitcoin. The company’s total Bitcoin stash is valued around $49.6 billion, but with a current cost basis of $76,056 per coin, it faces an unrealized loss of approximately $4.8 billion due to recent market declines. Bitcoin’s price has dropped over 23% in the past 30 days, briefly falling close to $60,000 before partially recovering to about $69,200. Strategy’s stock (MSTR) also declined, hitting an 18-month low before rebounding as Bitcoin prices improved. Despite a reported $12.4 billion Q4 2025 loss, co-founder Michael Saylor remains optimistic about the company’s Bitcoin-focused strategy. Prediction markets estimate a 28% chance Strategy will sell some Bitcoin holdings by year’s end.
