Strategy reloads its bitcoin treasury, acquiring 1,229 BTC in a $109 million buy.

Strategy Reenters the Market With Fresh Bitcoin Buy, Holdings Reach 672,497 BTC

Strategy (MSTR), the largest publicly listed corporate holder of bitcoin, resumed accumulating the cryptocurrency after replenishing its cash reserves.

A regulatory filing released Monday showed the company purchased 1,229 bitcoin last week for about $108.8 million, paying an average price of $88,568 per coin. The acquisition followed Strategy’s move a week earlier to lift its U.S. dollar holdings to $2.2 billion.

The latest purchase brings Strategy’s total bitcoin holdings to 672,497 BTC, acquired for a combined $50.44 billion. The firm’s average cost basis now stands at $74,997 per bitcoin.

Funding for the transaction came from the sale of $108.8 million in Class A common stock.

In premarket trading, MSTR shares slipped roughly 1% to $157, while bitcoin eased to around $87,000

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