Overview
- An SEC filing shows Strategy bought 1,142 BTC between Feb. 2–8 for about $90 million at an average price of $78,815, lifting its holdings to 714,644 BTC.
- The company funded the purchase by selling 616,715 Class A shares for roughly $89.5 million and retains about $8 billion of remaining at‑the‑market issuance capacity.
- Strategy’s bitcoin stash is valued near $49–50 billion versus a cost basis of $76,056 per coin, leaving several billion dollars in unrealized losses alongside a reported $12.4 billion Q4 net loss.
- On CNBC, Michael Saylor said Strategy will not sell its bitcoin, expects to keep buying every quarter, and would refinance obligations in a prolonged downturn, citing cash reserves covering about 2.5 years of payments.
- Analyst commentary highlighted solvency and flexibility even after recent volatility in MSTR shares, while critics questioned dilution and timing, including Peter Schiff’s claim the latest buys were overpriced.