Strategy Acquires 1,229 Bitcoin for $108.8 Million

TLDR

• Strategy bought 1,229 Bitcoin for $108.8 million.
• Total Bitcoin holdings now stand at 672,497 BTC.
• Michael Saylor leads ongoing Bitcoin investment strategy.

Strategy, formerly known as MicroStrategy, has announced a substantial purchase of Bitcoin just before the year’s end. Between December 22 and 28, 2025, the company secured 1,229 Bitcoin for approximately $108.8 million. This purchase was made at an average price of $88,568 per Bitcoin.

The acquisition increased Strategy’s total Bitcoin holdings to 672,497 BTC. These holdings were accumulated with a total investment of $50.44 billion, averaging a cost basis of $74,997 per Bitcoin. Current valuations show an unrealized gain of over $8 billion.

Michael Saylor’s Continued Investment in Bitcoin

Michael Saylor, the founder and chairman of Strategy, remains at the forefront of Bitcoin acquisition strategies. Under his leadership, the company has committed to using Bitcoin as its primary treasury reserve asset, a practice maintained since 2020. Strategy has reported a year-to-date Bitcoin yield of 23.2% for 2025.

On the platform X (formerly Twitter), Saylor signaled the company’s renewed investment with the phrase: “Back to Orange”. Further details from official channels such as LinkedIn or Medium are not available regarding this specific purchase.

Funding Sources and Purchase Details

The purchase was financed by selling 663,450 shares of Strategy’s Class A common stock through an at-the-market program. This generated the necessary $108.8 million funding. The company also retains a cash reserve ranging from $2.19 to $2.2 billion, designated for dividends and debt interest.

No institutional partnerships were involved in the equity raise beyond these stock issuances. Strategy’s engagement with Bitcoin is described as off-chain treasury accumulation, with no related cryptocurrency assets or altcoins involved.

Recent Bitcoin Acquisitions by Strategy

Strategy’s recent Bitcoin acquisitions fit a pattern seen earlier in December. The company previously purchased 10,624 BTC for $963 million between December 1 and 7, and another 10,645 BTC for $980 million from December 8 to 14, 2025. The average prices were $90,615 and $92,098 respectively.

These transactions were among the largest weekly purchases by Strategy since mid-2025. These acquisitions were executed during a period of Bitcoin price corrections near $90,000. Despite fluctuations, Strategy’s focus remains on long-term accumulation.

Regulatory and Financial Context

Regulatory filings confirm Strategy’s significant Bitcoin purchase. A Form 8-K was filed to disclose these transactions, with further decisions, such as MSCI index removal, pending by January 15, 2026.

No regulatory updates from bodies like the SEC or CFTC are associated with these transactions. Similarly, no community sentiment or developer discussions are noted in public platforms, highlighting the strategic focus on financial details over external opinions.

For more insights, see the Official TradingView Twitter account.

Learn more about the announcement: Bitcoin strategy reloads with 1,229 BTC for $109 million.