Overview
- Strategy bought 592 BTC between Feb. 17–22 for an average $67,286, funded by selling 297,940 Class A shares for roughly $39.7 million, according to an SEC filing.
- Total holdings rose to 717,722 BTC acquired for $54.56 billion at an average $76,020 per coin, maintaining the world’s largest corporate bitcoin treasury.
- With bitcoin sliding from about $66,000 to near $63,000 this week, the position moved further below cost, with reported unrealized losses estimated at roughly $7–$9+ billion.
- MSTR shares slipped on the disclosure and remain sharply lower over recent months, reflecting tight correlation to bitcoin’s decline and investor concerns over dilution.
- The company says it retains sizable capital-raising capacity, including about $7.8 billion under its common stock ATM and additional preferred stock authorization, and it continues to signal ongoing purchases.