Strategy buys $204M Bitcoin in 101st deal

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Strategy buys $204M Bitcoin in 101st deal
Strategy buys $204M Bitcoin in 101st deal
Liezl Gambe
Written by Liezl Gambe
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Strategy completed its 101st bitcoin purchase, acquiring 3,015 BTC for $204.1 million and lifting its total holdings to 720,737 BTC.

The company paid an average of $67,700 per bitcoin in the latest transaction, below its overall average acquisition price of $75,985, bringing its total cost basis to about $54.8 billion.

The purchase marks one of a limited number of occasions where Strategy has bought below its average cost basis, following similar moves during previous market downturns.

Earlier instances included a February purchase of 1,142 BTC and a series of acquisitions in 2022 and 2023 when bitcoin traded below roughly $30,600, during which the company bought 28,560 BTC across seven transactions.

Strategy shares rose from about $125 to nearly $130 over the past week, while bitcoin fluctuated between $64,000 and $69,000 before trading around $65,834 at the time of reporting.

The announcement followed chairman Michael Saylor’s disclosure that the company would raise the dividend on its STRC preferred stock to 11.50% for March 2026 from 11.25%, potentially supporting further bitcoin purchases.

Strategy remains the world’s largest public holder of bitcoin, continuing its accumulation strategy despite market volatility and price movements below its historical average entry point.

At the time of reporting, Bitcoin price was $69,107.37.

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