Strategy (NASDAQ: MSTR) purchased 22,305 bitcoin for approximately $2.13 billion in cash between January 12 and January 19, 2026. The acquisition bumped Strategy’s bitcoin treasury above the 700,000 milestone, bringing the company’s total cryptocurrency holdings to 709,715 bitcoin as of Tuesday
Strategy raised funds for the double billion dollar purchase by issuing a mix of common and preferred stock, and the company paid an average price of approximately $95,284 per bitcoin for the haul.
As of Tuesday, the aggregate cost basis for Strategy’s treasury stands at $53.92 billion, and Strategy’s average cost per bitcoin is approximately $75,979 inclusive of fees and expenses.
Strategy sold into its MSTR at-the-market offering to generate the majority of the capital, selling approximately 10.4 million shares of its common stock for net proceeds of $1.83 billion.
Strategy also utilized its preferred stocks to secure funding. The company sold nearly 2.95 million shares of its Stretch Preferred Stock (NASDAQ: STRC) for $294.3 million in net proceeds.
Strategy also sold 38,796 shares for $3.4 million of its Strike Preferred Stock (NASDAQ: STRK).
Header image by Gage Skidmore.
