Strategy buys 22,305 Bitcoin in largest purchase since November 2024

Beincrypto reported that Strategy (formerly MicroStrategy) purchased 22,305 Bitcoin for about $2.13 billion, its largest acquisition of the asset since November 2024.

The transaction, carried out on Monday, brought Strategy’s total holdings to 709,715 Bitcoin and followed two earlier acquisitions in January. The company disclosed an average price paid of $95,284 per coin even as Bitcoin was trading near $92,500 and then fell below $90,000 the next day; over the past 24 hours Strategy’s shares declined 7.39%, with MSTR at $160.87 at the time of writing.

The timing of purchases has drawn scrutiny: in December the company spent nearly $1 billion to buy 10,624 Bitcoin after prices rebounded to about $90,615 from roughly $86,000, a pattern critics say shows accumulation at elevated levels. Strategy has continued its accumulation plan despite Bitcoin failing to reclaim $100,000 and rising analyst concern about a potential bear market, and the recent buys have so far done little to ease shareholder worries.

Key Topics

Crypto, Strategy, Microstrategy, Bitcoin, Mstr, Bitcoin Holdings