MSTR
New coins, same Saylor energy
Strategy is back in buyer mode. The company says it picked up 1,550 Bitcoin for about $101 million at an average price of $65,332, which makes this its first buy since it sold 32 coins last week. In other words: the world’s most famous corporate Bitcoin piggy bank is still shopping.
Why investors cared
The company now says it holds 845,256 BTC, acquired for just under $64 billion at an average cost of $75,680 per coin. That latest purchase came in well below its blended average, so Strategy has effectively nudged its cost basis down for the first time in a while. For MSTR holders, that’s the kind of math that gets hearts racing and risk managers reaching for antacids.
Funding the crypto habit
To help pay for the buy and rebuild liquidity, Strategy issued $181 million in common stock and boosted its USD reserve by $100 million, bringing cash reserves to $1 billion. Translation: the company is still very much in “buy the dip, raise the capital, repeat” mode.
- 1,550 BTC bought
- $101 million spent on Bitcoin
- $181 million raised via common stock
- $1 billion in USD reserves now sitting on the balance sheet
The policy backdrop is doing some heavy lifting
The Senate’s growing push for the Digital Asset Market CLARITY Act is also giving crypto bulls something to point at besides the price chart. More than 200 companies want lawmakers to move the bill forward, and the idea is simple: fewer gray areas around SEC oversight, token definitions, and compliance rules. For Strategy, a cleaner rulebook would be a nice accessory to its very aggressive Bitcoin wardrobe.
Big picture: MSTR is still trading like a leveraged bet on Bitcoin with a corporate wrapper. If crypto keeps stabilizing — and Washington keeps inching toward clarity — the stock has room to keep acting like it owns the vibes.