Strategy Acquires 13,627 Bitcoin for $1.25B, Holding 687,410 BTC Total

Strategy, formerly MicroStrategy, acquired 13,627 [Bitcoin](https://holder.io/coins/btc/) for approximately $1.25 billion between January 5-11.
The average purchase price was $91,519 per Bitcoin, bringing total holdings to 687,410 BTC.
This acquisition was funded by selling company shares on the open market.
Total expenditure on Bitcoin now stands at $51.80 billion with an average cost of $75,353 per coin.
Strategy remains the largest public company holder of Bitcoin, unlike exchanges that hold for customers.

Index Inclusion and Market Impact

MSCI confirmed that Strategy would remain in its indexes, avoiding a potential forced sell-off estimated by JPMorgan to be $8.8 billion.
Despite positive index news, Strategy's shares are trading below the value of its Bitcoin holdings.
Currently, shares are valued at roughly 75 to 80 cents per dollar of Bitcoin held. MSTR closed at $157.33 on January 9.
The share count has increased from 77 million in 2021 to 267 million due to new share issuance for funding purchases.
Strategy can still sell up to $11 billion more in shares for further Bitcoin acquisitions.
Before this latest acquisition, Strategy held 673,783 BTC, with recent buying accelerated under its 21/21 capital plan.