Strategy Maintains 499K BTC Holdings, Declares First Preferred Stock Dividend

Michael Saylor’s bitcoin-focused firm stays on the sidelines after months of aggressive accumulation.

Strategy (MSTR) confirmed Monday that it did not add to its bitcoin (BTC) holdings last week, keeping its total reserve steady at 499,096 BTC.

The company, led by Michael Saylor, has been consistently increasing its bitcoin stack in recent months but opted to pause purchases amid market fluctuations. No additional capital was raised to fund BTC acquisitions over the past week.

Strategy’s bitcoin holdings were acquired for approximately $33.1 billion, averaging $66,357 per BTC. Following BTC’s recent surge above $93,000, the firm now sits on an unrealized gain exceeding $13 billion.

In addition, Strategy announced its first-ever quarterly cash dividend for its 8.00% Series A Perpetual Preferred Stock (STRK). The prorated dividend of $1.24 per share will be distributed on March 31 to stockholders of record as of March 15.

Shares of Strategy rose 13% in premarket trading to $289, though they remain nearly 50% below their November peak.