After a brief two-week pause, Strategy (by Michael Saylor) resumed its corporate acquisitions. The movement from the past week combined two fronts: expanding its Bitcoin reserve and increasing the value of its own shares.
1. The new purchase of Bitcoin
The investment: The company acquired 950 Bitcoins for US$ 75.7 million, paying an average price of US$ 79,670 per coin.
Total reserve: With the new acquisition, the company reaches the impressive mark of 846,000 BTC under custody, accumulated at a total cost of approximately US$ 63.8 billion (historical average price of US$ 75,416 per BTC).
Unrealized profit: With Bitcoin trading in the range of $84,925 on the report date, the Strategy accumulated an unrealized accounting gain of about $8.05 billion.
2. Buyback of preferred shares (STRC)
In addition to Bitcoin, the company invested $174 million to repurchase about 1.77 million of its perpetual preferred shares (STRC).
Strategy still has approved firepower for further buybacks: $875.1 million remains in the STRC program and another $1 billion for common stock (MSTR).
During the reporting period, the company did not carry out any new stock offerings in the market to raise funds.
3. Cash position and financial reserves
Free cash (USD Cash): It fell by about 20%, to $1.05 billion (from $1.30 billion the previous week), used in treasury and active purchases.
Dedicated reserve (USD Reserve): It stood at $5.04 billion (slight decline from the previous $5.10 billion), after paying $57.4 million in dividends on preferred shares and debt interest.
4. Market reaction
Strategy shares reacted with strong optimism, rising 7.4% in pre-market trading on Monday (quoted at $165.20), while the STRC preferred shares gained 0.35% (to $98.85).
BTC
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