Strategy (MSTR) adds 1,142 BTC, chairman dismisses forced sales amid price drop

Strategy (MSTR) bought 1,142 BTC last week for roughly $90 million at an average price of $78,815 per coin, lifting its holdings to 714,644 coins purchased for about $54.35 billion with an average cost of $76,056, chairman Michael Saylor said in a CNBC interview. Saylor dismissed any pressure to sell bitcoin amid falling prices, reiterating the company plans to keep buying. Strategy reported a fourth-quarter operating loss of $17.4 billion and a net loss of $12.6 billion tied largely to noncash mark-to-market accounting, while shares fell 3% on Tuesday, taking year-to-date losses to 15% and year-over-year to 60%.