Strategy Adds $35M in Bitcoin, $300M to Cash Reserves Last Week

Strategy (MSTR), the corporate bitcoin treasury led by Michael Saylor, added $35 million worth of bitcoin and $300 million to its cash reserves last week, according to a Monday filing. The company sold approximately 2.7 million shares of MSTR common stock, raising $335.5 million. Of that amount, $35 million was used to acquire 520 bitcoin at an average price of $67,068 per coin, while the remaining $300 million was deposited into the company's cash holdings, bringing total cash reserves to $1.4 billion.

This latest purchase brings Strategy's total bitcoin holdings to 847,363 BTC, acquired at a total cost of roughly $64.01 billion, or an average purchase price of $75,651 per coin. The move comes amid ongoing market uncertainty, with bitcoin trading near key support levels. For crypto traders, such large-scale corporate accumulation can signal confidence in bitcoin's long-term value, though the relatively small size of this purchase compared to past buys may indicate a more cautious approach. Traders can monitor real-time bitcoin price movements and MSTR stock performance on NowPrice's live crypto dashboard.

Looking ahead, market participants will watch for further stock sales by Strategy, as the company continues to use its ATM (at-the-market) equity offering program to fund additional bitcoin acquisitions. The next major catalyst for bitcoin could be the upcoming Federal Reserve interest rate decision, which may influence risk asset sentiment. Additionally, on-chain data shows that exchange reserves remain low, suggesting that supply-side pressure could support prices if demand picks up.