Figure - Sponsor Image Figure - Win $25k USDC with Democratized Prime. Friend & Sponsor Learn more

Strategy Announces New BTC Buys as MSTR Shares Stabilize

Strategy's billion dollar bitcoin buy comes with MSTR up 17% off its December lows.
Strategy Announces New BTC Buys as MSTR Shares Stabilize
Listen
0
0
0:00 0:00

Subscribe to Bankless or sign in

Prior to the U.S. stock market opening on Monday morning, Strategy founder Michael Saylor announced that his BTC treasury accumulation play had acquired an additional 10.6k BTC for $962.7M, implying an average acquisition price of $90.6k per bitcoin.

What's the Scoop?

  • Latest Buy: From December 1 to December 7, Strategy sold $928.1M of MSTR shares and $34.9M STRD perpetual preferred stock for net proceeds of $963M. This money was used to buy 10,624 BTC, bringing Strategy's total BTC holdings to 660,624 (more than 3% of total supply).
  • Price Pop: Strategy commenced pre-market 2% above last Friday's close, and held onto to its gains throughout the trading session. Shares in the company have rallied over 17% off their December 1 lows.
  • Poor Performance: MSTR has been hammered in the second half of 2025, shedding nearly two-thirds of its value since the start of July. Holders of the beleaguered stock have weathered a steady drumbeat of FUD in recent weeks, from JPMorgan circulating month-old MSCI delisting rumors to fresh fears that Strategy could be forced to liquidate its BTC reserves.

0
0
Jack Inabinet

Written by Jack Inabinet

640 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

No Responses
Search Bankless