Bitcoin treasury firm Strategy (NASDAQ: MSTR) acquired 855 bitcoin for roughly $75.3 million between January 26 and February 1, bringing its total treasury to 713,502 BTC.
Filings indicate the total investment in bitcoin now stands at $54.26 billion. The aggregate purchase price across the entire portfolio averages $76,052 per bitcoin.
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Market fluctuations last week tested this breakeven level. Bitcoin crossed under the $75,000 mark, temporarily placing Strategy’s total position in an unrealized loss position.
Prices recovered to $78,003.29 by Monday morning. This rebound restored an unrealized gain for the aggregate portfolio, though the margin of safety between the cost basis and market price sits at roughly 2.5%.
Strategy funded the latest acquisition through the sale of its Class A Common Stock MSTR. The firm sold 673,527 shares during the reported period.
These sales generated net proceeds of $106.1 million. The company continues to utilize equity issuance to fund its treasury operations.
Separately, the Board of Directors declared a monthly cash dividend on Monday. The dividend applies to the Variable Rate Series A Perpetual Stretch Preferred Stock, STRC.
