- Strategy purchased another 1,036 Bitcoin for approximately $81.9 million between Nov. 2 and Nov. 8, increasing its total holdings to 850,364 BTC.
- The company sold $283.8 million in MSTR shares to support its Bitcoin accumulation strategy and repurchased approximately $188.3 million in STRC preferred stock.
- Strategy maintains $4.77 billion in its USD Reserve and remains the world’s largest publicly traded Bitcoin treasury company.
Strategy, the world’s largest publicly traded Bitcoin treasury company, has continued expanding its cryptocurrency holdings with another major purchase.
According to a Nov. 9 filing with the U.S. Securities and Exchange Commission, Strategy acquired 1,036 Bitcoin for approximately $81.9 million between Nov. 2 and Nov. 8.
The latest acquisition was completed at an average price of $79,012 per Bitcoin.
Following the purchase, Strategy reported total holdings of 850,364 BTC, representing more than 4% of Bitcoin’s maximum supply of 21 million coins.
The company has spent approximately $64.2 billion accumulating its Bitcoin reserves, with an average acquisition price of $75,456 per coin, including fees and expenses.
Strategy Bitcoin Holdings Surpass 850,000 BTC
Strategy funded its latest Bitcoin acquisition through its at-the-market equity offering program.
During the reporting period, the company sold 2,051,348 shares of its Class A common stock, MSTR, generating approximately $283.8 million.
According to the filing, Strategy still has around $18.34 billion in MSTR shares available for future issuance and sale under the program.
The company continues using equity financing as a major source of capital for its Bitcoin accumulation strategy.
This approach allows Strategy to raise funds through the stock market and deploy a portion of those proceeds into additional Bitcoin purchases.
However, issuing new shares can also dilute existing shareholders, making Bitcoin holdings per share an important metric for investors.
Strategy’s latest acquisition further strengthens its position as the largest corporate Bitcoin holder.
The company remains significantly ahead of other publicly traded businesses following similar treasury strategies.
Strategy Repurchases $188.3 Million in STRC Shares
Alongside its Bitcoin purchases, Strategy continued managing its preferred-stock financing structure.
Between Nov. 2 and Nov. 8, the company repurchased 1,887,464 STRC preferred shares for approximately $188.3 million.
The purchases were funded through Strategy’s USD Reserve.
The company also used approximately $2.1 million from the reserve to cover preferred-stock dividend payments.
As of Nov. 8, Strategy reported a USD Reserve balance of $4.77 billion and a USD Cash balance of $146.2 million.
These reserves provide liquidity to support financial obligations while the company continues expanding its Bitcoin holdings.
Strategy has increasingly focused on balancing Bitcoin accumulation with preferred-stock stability and cash management.
Maintaining sufficient liquidity could also provide additional flexibility during periods of cryptocurrency market volatility.
Michael Saylor Signals Continued Bitcoin Accumulation
Strategy co-founder and Executive Chairman Michael Saylor hinted at another Bitcoin purchase before the company’s latest filing.
On Sunday, Saylor shared the company’s Bitcoin acquisition tracker on X alongside the message, “Connecting the dots.”
The post followed his usual pattern of signaling upcoming Bitcoin purchases through updates to Strategy’s accumulation chart.
Strategy remains the largest Bitcoin treasury company among nearly 200 publicly traded businesses pursuing some form of cryptocurrency treasury strategy.
According to Bitcoin Treasuries data, Metaplanet holds approximately 44,000 BTC, followed by Twenty One with 43,514 BTC.
Strive ranks next with 43,124 BTC, while MARA holds approximately 35,577 BTC.
Despite Strategy’s continued accumulation, its shares experienced selling pressure during the previous week.
MSTR declined 2.1%, closing at $128.93 on Friday.
Bitcoin also fell approximately 3.2% over the same period.
Investors will now be watching whether Strategy maintains its pace of Bitcoin purchases and how its equity financing and preferred-stock repurchases influence its long-term financial position.
