Strategy Bitcoin Holdings Steady Last Week; Company Declares First Preferred Dividend

23 hours ago

Disclaimer: The expert who wrote this portion owns shares of Strategy (MSTR) Strategy (MSTR) connected Monday greeting confirmed it did not acquisition further bitcoin (BTC) successful the week ended Sunday, keeping its full holdings astatine 499,096 BTC.

Led by Michael Saylor, the institution has notably been making sizable bitcoin purchases astir each week for the past fewer months. Strategy — amid large slumps successful the terms of bitcoin and its banal terms — however, did not raise immoderate further superior with which to bargain BTC past week.

The company's existent stack was acquired for astir $33.1 billion, oregon an mean terms of $66,357 per token. After the rally successful bitcoin to the $93,000 level implicit the weekend, Strategy has an unrealized nett exceeding $13 billion.

Additionally, the institution announced the archetypal quarterly currency dividend for its 8.00% Series A Perpetual Preferred Stock (STRK). The dividend, prorated from Feb 5, 2025, volition beryllium $1.24 per share, payable connected March 31 to stockholders of grounds arsenic of March 15. Alongside the betterment successful bitcoin's price, Strategy shares are higher by 13% successful premarket enactment to $289 but stay little by astir 50% from a grounds precocious touched successful November. Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk’s afloat AI Policy.

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