Bitcoin hits ~$88K; Dec 29 SEC filing shows Strategy bought 1,229 BTC for $108.8M
On December 29, a U.S. SEC filing showed Strategy purchased 1,229 BTC for about $108.8 million during the week ending December 28, at an average price of $88,568. Bitcoin hovered near $88,000 amid the disclosure, with the buy funded entirely by proceeds from the firm's at‑the‑market stock offering. The company sold roughly 663,450 MSTR shares to generate net proceeds matching the bitcoin outlay.