Strategy Increases Bitcoin Holdings by Nearly $1 Billion
Bitcoin treasury firm Strategy bought 10,645 BTC between December 8 and 14. The purchase cost about $980.3 million, averaging $92,098 per Bitcoin. This information comes from a recent SEC filing.
This is the company’s second week in a row buying close to $1 billion in Bitcoin. Last week, Strategy bought 10,624 BTC for $963 million. The firm now owns 671,268 BTC. They paid a total of $50.33 billion with an average cost of $74,972 per Bitcoin.
Strategy funded these purchases mainly by selling its Class A common stock, raising $888.2 million. It also raised $101 million from perpetual preferred stock sales across its STRK, STRF, and STRD series.
The buying shows Strategy is returning to its aggressive Bitcoin investment strategy. The firm slowed its purchases in earlier quarters, dropping from 18.3% in Q1 to 7.1% in Q3, before picking up again in Q4.
Strategy Stock Falls Despite Bitcoin Buys
Despite big Bitcoin buys, Strategy’s stock (MSTR) dropped 6% on Monday. It has fallen 44% so far in 2025. Bitcoin itself declined 6% during this time.
This drop erased much of the stock’s premium over its net asset value (NAV). The company remains in the Nasdaq-100 index after the December 12 rebalancing. But MSCI, another index provider, is considering removing companies holding over 50% in digital assets.
MSCI will decide by January 15, 2026. Strategy opposes this plan and sent a 12-page letter explaining that exclusion would hurt national security and conflict with the former Trump administration’s pro-crypto policies.
JPMorgan analysts warn that if MSCI excludes Strategy, it could cause up to $8.8 billion in outflows. This could happen if other index providers follow MSCI’s lead.
Bitcoin Price Update
Bitcoin is trading near $86,000 at the time of publication. It dropped 3.5% over the past week.
