Strategy (MSTR) Adds 1,142 Bitcoin For $90 Million

Strategy bought another 1,142 bitcoin for about $90 million, extending its long-running accumulation campaign even as the company’s massive treasury remains underwater on paper.

The purchase was disclosed Monday in an 8-K filing with the U.S. Securities and Exchange Commission. Strategy said it acquired the coins between Feb. 2 and Feb. 8 at an average price of $78,815 per bitcoin.

The latest buy lifts Strategy’s total holdings to 714,644 BTC. The stack is valued near $49 billion at current market prices. Strategy has spent roughly $54.4 billion to build the position, including fees and expenses. 

The average purchase price across its holdings stands at $76,056 per…

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