Strategy, the world’s largest publicly traded bitcoin holder, added nearly another $1 billion worth of BTC last week, marking its second consecutive mega-purchase as bitcoin prices pulled back toward the $90,000 level.
The company acquired 10,645 bitcoin for approximately $980.3 million, paying an average price of $92,098 per BTC, according to a filing released Monday.
Strategy now holds 671,268 bitcoin, purchased for a total of $50.33 billion, giving it an average acquisition cost of $74,972 per coin.
As with recent purchases, the acquisition was funded primarily through equity issuance. The company raised $888.2 million through sales of common stock, with the remainder coming from sales of its STRD preferred shares.
Despite ongoing concerns around shareholder dilution, the company has aggressively leaned on equity markets to increase its bitcoin exposure.
The latest buy comes amid a broader pullback in bitcoin, which dipped below $90,000 over the weekend before stabilizing near $89,600. MSTR shares were flat in premarket trading Monday.
The purchase stands out not only for its size, but for its timing. While Strategy has been a steady buyer throughout 2025, most of its weekly acquisitions in recent months were relatively modest due to fundraising constraints.
Over the past two weeks, however, Executive Chairman Michael Saylor has ramped up purchases, signaling renewed conviction despite volatility in both bitcoin and Strategy’s stock.
Strategy ($MSTR) stays on the Nasdaq 100
Separately, MSTR confirmed it will remain a constituent of the Nasdaq 100, maintaining its position in the index under the technology category.
The company has also pushed back against proposals from index provider MSCI, which is reviewing whether to exclude bitcoin treasury companies from its benchmarks.
In the letter, Strategy argued that their proposed digital asset threshold is “misguided” and would have “profoundly harmful consequences.”
MSCI is expected to make a final decision in January.
The company, formerly known as MicroStrategy, pivoted from enterprise software to a bitcoin-focused treasury strategy in 2020. The model has since been replicated by dozens of firms, though critics argue these companies increasingly resemble bitcoin investment vehicles rather than operating businesses.
Still, Saylor has remains unapologetic and bold in his purchasing decisions. As of December 14, 2025, Strategy reports a year-to-date BTC yield of 24.9%, showing its commitment to accumulating bitcoin regardless of short-term market or equity price pressures.
At the time of writing, bitcoin is trading near $89,650.