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

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

Share
Strategy Buys $980M In Bitcoin, Holdings Cross 671K BTC | 3verseTV
News
Share

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.

Share
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.

Leave a comment

Leave a Reply

Latest News

Binance Faces Anti-terror Lawsuit From Hamas Victims | 3verseTV
News

Binance Reopens Withdrawals For 36 Ethereum Tokens In Third Recovery Phase

Binance has started the third phase of reopening cryptocurrency withdrawals, covering six networks: Ethereum, BNB Chain, Base, TRON, MATIC and SUI. Around...

Binance Returns to Tokenized Stocks With Ondo Deal
News

Binance & Polymarket Propose Polygon Hard Fork To Recover $6.8M In Stolen Crypto

Binance and Polymarket have proposed a Polygon network hard fork to recover 70.49 million POL tokens worth approximately $6.8 million, stolen in...

Riot Platforms Sells 10,599 Bitcoin, Signs $28B AI Data Centre Deal
News

Riot Platforms Sells 10,599 Bitcoin, Signs $28B AI Data Centre Deal

Riot Platforms sold 10,599 Bitcoin in the third quarter, reducing its holdings from 11,380 BTC to 2,418 BTC as it shifted funds...

US Democrats Consider New Crypto Bill With Greater SEC Powers
News

US Democrats Consider New Crypto Bill With Greater SEC Powers

US Democrats are considering a new crypto market structure bill that could expand the SEC’s regulatory powers and revive investor protection measures....

Related Articles

Best Crypto Trading Bots In 2026

Running a crypto trading strategy manually can be challenging when markets are...

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...