Home Strategy Buys $980M In Bitcoin, Holdings Cross 671K BTC

Strategy Buys $980M In Bitcoin, Holdings Cross 671K BTC

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Strategy Buys $980M In Bitcoin, Holdings Cross 671K BTC | 3verseTV
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Strategy has strengthened its Bitcoin position after purchasing 10,645 BTC for approximately $980.3 million during the week ended December 14.

The firm disclosed that it paid an average price of $92,098 per Bitcoin, lifting its total holdings to 671,268 BTC, now worth more than $60 billion.

The acquisition was largely financed through the company’s at-the-market equity program, with additional funds raised through sales of perpetual preferred shares.

The move follows another near-$1 billion Bitcoin purchase made the previous week, signaling a sharp increase in buying pace after months of smaller acquisitions.

Company leadership continues to defend its Bitcoin-heavy balance sheet, emphasizing long-term conviction despite concerns over shareholder dilution.

Alongside the disclosure, Strategy confirmed it will remain in the Nasdaq 100, while responding critically to a proposed MSCI rule that could impact crypto-heavy companies.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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