Strategy purchased more than $200 million in bitcoin last week, lifting its total holdings to 720,737 BTC valued at more than $47 billion.

The company, led by Executive Chairman Michael Saylor, disclosed in their usual Monday filing that it acquired 3,015 bitcoin between Feb. 23 and March 1 for approximately $204.1 million. The average purchase price was $67,700 per coin.

The company now holds 720,737 BTC acquired for about $54.77 billion, or an average price of roughly $75,985 per bitcoin. 

With bitcoin trading near $65,500 on Monday morning, the company’s position reflects an unrealized loss based on its aggregate cost basis.

Measured against bitcoin’s 21 million…

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