Strategy Increases Bitcoin Holdings to 478,740 BTC with $742.4 Million Purchase

Strategy (MSTR) increased its bitcoin holdings to 478,740 BTC after purchasing $742.4 million worth of bitcoin. Key details include:

• 7,633 BTC were bought in the week ended Feb. 9 at an average price of $97,255 per bitcoin.
• This raised the overall average purchase price to $65,033 per bitcoin.
• No purchases occurred in the week ended Feb. 2 due to a blackout period during earnings reporting.
• The company reported a fourth-quarter net loss of $3.03 per share, compared to income of $0.50 per share a year earlier.
• Purchases funded by proceeds from a share sale and preferred equity offering of Strike (STRK).

Executive Chairman Michael Saylor shared the news on X, emphasizing the company's ongoing strategy regarding bitcoin acquisitions.