Michael Saylor Strategy, the world’s largest public Bitcoin holder, has completed his 101st Bitcoin purchase, bringing his total holdings to over 720,000 BTC.
The company acquired 3,015 Bitcoin (BTC) worth $204.1 million last week, according to a filing with the US Securities and Exchange Commission on Monday.
The average purchase price of its last purchase was $67,700 per BTC, which marked another purchase well below the company’s average acquisition price of $75,985.
The company announced that the acquisition will bring its assets to 720,737 BTC, for a total value of approximately $54.8 billion.
Another buy for less than the cost of the Strategy
According to data compiled by SaylorTracker, a website that tracks Strategy’s bitcoin purchases, the latest purchase is one of Strategy’s few purchases below the company’s average valuation.
The first such purchase took place on February 9, when the company bought 1,142 BTC as the market price dropped from $76,051 during the week. The strategy reported the average purchase price for this lot at $78,815 higher than the market price at that time.
The strategy faced a similar situation in 2022-2023, when the price of BTC fell below its value of about $30,600. The company made seven purchases totaling 28,560 BTC during this bearish period.
MSTR shares are steadily rising, while Bitcoin is hovering around $65,800
According to TradingView, shares of Strategy (MSTR) saw an upward trend last week, rising from around $125 on Monday to around $130 on Friday.
However, Bitcoin remained largely flat over the same period. The crypto asset started the week near $65,000, briefly rose above $69,000 on Wednesday, before settling below $64,000. At the time of publication, Bitcoin had a turnover of $65,834, according to TradingView.
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The news comes after Strategy Chairman Saylor announced on Sunday that the company is increasing the dividend on STRC’s preferred stock, known as “Stretch,” to 11.50% in March 2026 from 11.25% previously.
Capital raised through shares can be used for corporate purposes, including the potential purchase of Bitcoin.
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