Strategy Bets Bigger on Bitcoin with 1,955 Purchase as Stock Slides

Software intelligence firm Strategy has doubled down on its Bitcoin strategy with yet another purchase, marking its sixth straight week of ￰0￱ move comes just days after the firm failed to secure a place in the S&P 500, a disappointment that weighed heavily on its ￰1￱ Made Another Big Bitcoin Purchase with Share Sales In its latest update , Strategy revealed it acquired 1,955 BTC for $217.4 million last week at an average price of $111,196 per ￰2￱ this addition, the company’s Bitcoin reserves have grown to 638,460 BTC, worth a staggering $41.17 billion based on an average purchase price of $73,880. Year-to-date, its Bitcoin portfolio has returned a yield of 25.8%.

Funding these purchases has required the company to once again turn to its own ￰3￱ SEC filing shows that the Nasdaq-listed firm raised $200.5 million from the sale of 591,606 MSTR ￰4￱ also secured $11.6 million from STRF sales and $5.2 million from STRK ￰5￱ marks a return to the very strategy it had previously promised to avoid: selling common stock at times when its market value ratio is below ￰6￱ Misses Out on the S&P 500 Listing, Stock Lags Behind Bitcoin’s Rally The timing of the latest crypto purchase is ￰7￱ week, Strategy was left out of the S&P 500 despite meeting the index’s formal requirements. Instead, the committee chose Robinhood , AppLovin, and Emcor, passing over the Michael Saylor-led ￰8￱ decision hit MSTR shares hard, dragging them down by more than 10% over the past month and by over 2% in premarket trading ￰9￱ makes the situation more striking is the gap between Bitcoin’s movement and Strategy’s ￰10￱ top coin surged above $112,000 today, breaking a new level of strength.

Yet, MSTR has failed to follow ￰11￱ to TradingView data, the stock is trading around $327, down from $335 at last week’s ￰12￱ appear cautious, focusing more on the company’s stock dilution and missed S&P 500 opportunity rather than the rising value of its Bitcoin ￰13￱ Now Holds Over 3% of Bitcoin Supply Michael Saylor, Strategy’s co-founder and executive chairman, had hinted at this new purchase in a recent X ￰14￱ came after the U. S.-based firm deepened its Bitcoin bet with the purchase of 4,048 BTC worth $449 ￰15￱ this latest acquisition, Strategy controls more than 3% of the total Bitcoin ￰16￱ makes the company one of the most influential players in the digital asset ￰17￱ its stock may be under pressure, the company continues to steadily accumulate ￰18￱ shows that its leadership remains firmly committed to the long-term vision of making Bitcoin the centerpiece of its balance sheet.