Overview
- Strategy bought 592 BTC for about $39.8 million at an average price of $67,286 between Feb. 17 and Feb. 22, according to an SEC filing.
- Total holdings now stand at 717,722 BTC acquired for approximately $54.56 billion, with an average cost of roughly $76,020 per coin.
- With bitcoin trading in the mid-$60,000s, the position reflects an unrealized loss of around $10,000 per coin, or roughly $6–7 billion in total.
- The purchase was funded by selling 297,940 Class A shares for about $39.7–$39.8 million, and the firm retains roughly $37 billion of remaining ATM issuance capacity.
- Michael Saylor signaled the milestone with an 'The Orange Century' post, and executives have indicated they plan to continue buying on a quarterly basis.