Strategy Completes 100th Bitcoin Purchase, Bringing Holdings to 717,722 BTC

Strategy completed its 100th Bitcoin purchase last week, acquiring 592 BTC for $39.8 million at an average price of $67,286 per coin, according to a U.S. Securities and Exchange Commission filing and Bitcoin Treasuries data. The company funded the purchase by selling 297,940 shares of its Class A common stock under its equity program, generating approximately $39.7 million. Strategy now holds roughly 717,722 BTC after investing about $54.56 billion since beginning its accumulation in August 2020, representing around 3.4% of circulating supply. Bitcoin Treasuries data show smaller public firms including Cango Inc., Exodus Movement, Genius Group and Bitdeer have recently reduced their Bitcoin holdings, with Bitdeer cutting its corporate treasury balance to zero.