Key Highlights
- Strategy increased its total Bitcoin holdings to 673,783 BTC after purchasing 1,283 additional tokens in January.
- The company maintained a USD reserve of $2.25 billion to cover interest and dividend obligations.
- The acquisition was funded through the sale of Class A common stock, bringing total Bitcoin holdings to over $50.5 billion.
Strategy Inc., the Bitcoin treasury firm, announced today that it has raised its total Bitcoin holdings to 673,783 BTC while maintaining a USD reserve of $2.25 billion. The firm bought 1,283 bitcoin between January 1 and January 4.
The acquisition was funded using $116 million raised from the sale of its Class A common stock through its at-the-market (ATM) offering program. It is a part of the firm’s ongoing strategy to stay the largest corporate Bitcoin holder.
Financial performance for Q4 2025
According to a recent Form 8-K filing with the U.S. Securities and Exchange Commission (SEC), the 1,283 BTC were bought at an average price of $90,391 per token. The report also gave a financial update for Q4 2025.
For the year, the company recorded an unrealized loss on digital assets of $5.40 billion, with an associated deferred tax benefit of $1.55 billion. The three-month period ending in December was volatile, accounting for $17.44 billion of those unrealized losses. Despite this, the value of the company’s digital assets stood at $58.85 billion at year-end, against a related deferred tax liability of $2.42 billion.
Bitcoin market update
At the time of writing, Bitcoin is trading at $93,160.99, up 2.08% over the past 24 hours. The asset’s market cap stands at $1.86 trillion, with a 24-hour trading volume of $36.07 billion. The circulating supply is 19.97 million BTC, out of a maximum supply of 21 million.
Accumulations and ATM stock offerings
This latest accumulation continues a steady trend of aggressive buying seen throughout late 2025. In mid-December, Strategy bought Bitcoin worth $980 million, acquiring 671,000 BTC. By the end of December 2025, Strategy’s holdings reached 672,497 BTC.
The company has consistently used its ATM program to fund these purchases. Between December 29 and January 4, it sold nearly 2 million shares of MSTR stock, generating hundreds of millions in net proceeds to boost its treasury.
In late December, the firm also increased its USD reserve by $748M, reaching $2.19B. The company’s finaxx`ncial structure remains closely linked to the market performance of bitcoin while managing a layer of preferred stock and debt.
Strategy’s first acquisition of 2026 reaffirms its commitment to its Bitcoin treasury despite major recent unrealized losses. The firm continues to maintain its position as the largest corporate bitcoin treasury.
Also Read: Bitcoin Surges as US Moves Against Venezuela’s Maduro
