Strategy Acquires 592 Bitcoin Worth $39.8 Million in February Purchase

Strategy Acquires 592 Bitcoin Worth $39.8 Million in February Purchase

According to Goldman Sachs data, Strategy is now the most shorted U.S. stock by market value ratio, while its Bitcoin holdings exceed 717,000 BTC amid sizable unrealized losses.

BTC

Fact Check
The statement is strongly supported by primary sources with high authority and relevance. The official corporate page from Strategy detailing its Bitcoin purchase history confirms both the quantity of 592 BTC and the valuation of $39.8 million for the February purchase. Another official source listing acquisition details corroborates the exact figures and specifics, including date, amount, and cost. These sources are directly tied to the organization making the transaction, ensuring accuracy and reliability. There are no credible contradictory sources in the evidence set, and unrelated sources do not affect the assessment. Given the consistency and authority of the data from primary sources, the probability that the statement is true is very high.
Summary

According to Goldman Sachs data, Strategy became the most shorted U.S. stock by market value ratio. The company purchased 592 BTC last week for $39.8 million, bringing total holdings to 717,722 BTC acquired at an average price of $76,020. With Bitcoin near $66,000, the position implies roughly $7 billion in unrealized losses. The latest buy marked Strategy’s 100th purchase since August 2020 and was funded via common stock sales.

Terms & Concepts
  • BTC: Abbreviation for Bitcoin, the largest decentralized digital currency by market value.
  • Bitcoin: A decentralized, peer-to-peer digital currency secured by blockchain technology.