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Strategy Acquires 10,624 Bitcoin for $962.7 Million in December Purchase

Strategy Acquires 10,624 Bitcoin for $962.7 Million in December Purchase

According to the company’s official statement, Strategy’s December Bitcoin purchase at $90,615 per BTC raised its holdings to over 3% of total supply, underscoring its ongoing cryptocurrency accumulation strategy.

BTC

Summary

In an official announcement on Dec. 8, Strategy disclosed the purchase of 10,624 Bitcoin valued at $962.7 million, with an average price of $90,615 per coin. Financed through Class A common stock and STRD preferred share sales, this December acquisition brought the company’s Bitcoin holdings to 660,624 BTC, representing over 3% of the total Bitcoin supply and valued at ¥9.3 trillion. The move reinforces Strategy’s sustained commitment to integrating Bitcoin into its corporate treasury.

Terms & Concepts
  • Bitcoin (BTC): A decentralized digital currency operating on a peer-to-peer network without a central authority.
  • Average Cost Basis: The average price paid per unit of an asset, calculated by dividing the total cost by the number of units held.
  • Cryptocurrency Holdings: The total amount of digital currency owned by an individual or institution, often used as a measure of market exposure.