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On Monday, Bitcoin decreased towards the $88,000 mark as Strategy Inc. revealed another substantial acquisition of the cryptocurrency, highlighting the divergence between short-term market softness and ongoing institutional buying.
Per a filing with the U.S. Securities and Exchange Commission dated December 29, Strategy purchased 1,229 bitcoin during the week ending December 28, investing approximately $108.8 million at an average price of $88,568 per coin, inclusive of fees and related expenses.
Source: SEC filling
This acquisition was entirely financed through proceeds from the company’s ongoing at-the-market offering of its Class A common stock.
In that same timeframe, Strategy sold around 663,450 shares of MSTR stock, resulting in net proceeds equivalent to the amount invested in bitcoin. The company did not issue any preferred shares during that week.
Strategy Increases Bitcoin Holdings to 672,000 BTC Despite Market Decline
Michael Saylor, the executive chairman of Strategy and a longtime proponent of bitcoin, confirmed the acquisition in a post on X, noting that the firm has achieved a bitcoin yield of 23.2% year-to-date in 2025.
Strategy has acquired 1,229 BTC for ~$108.8 million at ~$88,568 per bitcoin and has achieved BTC Yield of 23.2% YTD 2025. As of 12/28/2025, we hodl 672,497 $BTC acquired for ~$50.44 billion at ~$74,997 per bitcoin. $MSTR $STRC $STRK $STRF $STRD $STRE https://t.co/5VvOgBYwhk
— Michael Saylor (@saylor) December 29, 2025
As of December 28, Strategy holds 672,497 BTC, which were acquired for about $50.44 billion, with an average purchase price of $74,997 per bitcoin.
The filing reaffirmed that the company utilizes a public dashboard on its website to report bitcoin-related metrics as part of its Regulation FD compliance.
Source: SEC filling
The latest acquisition occurs as bitcoin experiences a downturn after unsuccessful attempts to maintain recent highs. The leading cryptocurrency reached an intraday high near $89,894 earlier in the day before retreating to around $87,234, down approximately 0.5% over the last 24 hours and roughly 3.1% over the past week.
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Since the start of the month, Bitcoin has fluctuated significantly, peaking near $93,000 and dropping to lows just above $84,000.
Trading activity has surged, with 24-hour volume increasing by over 185% to about $44.6 billion, indicating heightened market engagement amid the retracement.
Bitcoin remains roughly 30% lower than its all-time peak of $126,080 recorded in October.
Strategy’s Bitcoin Cache Increases by 16% as Stock Approaches Parity
Strategy’s expanding bitcoin treasury is now among the largest in the market. Based on current valuations, the company’s holdings are estimated at around $58.65 billion, reflecting an increase of about 16% compared to the firm’s average acquisition cost.
Trading on Nasdaq under the ticker MSTR, Strategy has a basic market capitalization of roughly $46 billion and a fully diluted market cap nearing $51 billion, with enterprise value approximated at $59 billion.
The market net asset value metrics indicate the stock is trading below the value of its underlying bitcoin on both basic and diluted bases, while nearing parity on an enterprise value basis. Shares of MSTR were last recorded at $158.81, unchanged for the day.
This disclosure follows a series of significant acquisitions by the company earlier in the month. On December 15, Strategy reported acquiring 10,645 BTC for $980.3 million at an average price of $92,098 per coin, increasing its total holdings at that time to 671,268 BTC.
A week later, the company announced it had raised $747.8 million through stock sales under its ATM program, enhancing its U.S. dollar reserves to $2.19 billion.
Strategy stated that these reserves are meant to cover at least 12 months of dividend payments and interest expenses, with a long-term objective of covering 24 months or more.
While Strategy continues to expand its bitcoin holdings, Bitcoin is on track to conclude 2025 in the negative unless it surges more than 6% above its yearly opening, which would mark the first post-halving year to finish lower.
The post Bitcoin Falls to $88K Strategy Pours Another $108M Adding 1,229 BTC appeared first on Cryptonews.
