Even after the fourth-quarter loss, Strategy continued accumulating Bitcoin in early January. The company acquired 1,283 BTC between Jan. 1 and Jan. 4 for $116 million. Those purchases brought total Bitcoin holdings to 673,783 as of Jan. 4.
Strategy funded the acquisitions through its at-the-market equity program. Between Jan. 1 and Jan. 4, the firm sold 735,000 Class A shares and raised $116.3 million in net proceeds. It also reported $195.9 million from selling 1,255,911 shares between Dec. 29 and Dec. 31.
The filing said the Bitcoin purchases aligned with Strategy’s treasury approach. The company continues to hold Bitcoin as its primary reserve asset. Following the latest acquisition, Strategy controls one of the world’s largest corporate Bitcoin positions.
Related:
