Strategy Maintains Bitcoin Holdings as Stock Rallies; Declares First Preferred Dividend
The Michael Saylor-led firm continues to hold just under half a million BTC.
Strategy (MSTR) confirmed Monday morning that it did not add to its bitcoin (BTC) holdings over the past week, keeping its total reserves at 499,096 BTC.
The company, known for its aggressive bitcoin accumulation strategy, has been purchasing BTC nearly every week in recent months. However, amid recent market volatility and declines in both bitcoin’s price and Strategy’s stock, no additional capital was raised last week to fund further acquisitions.
Strategy’s current bitcoin holdings were acquired at an average cost of $66,357 per BTC, totaling approximately $33.1 billion. With bitcoin surging past $93,000 over the weekend, the company now holds an unrealized profit of more than $13 billion.
In addition to maintaining its bitcoin position, Strategy announced its first-ever quarterly cash dividend for its 8.00% Series A Perpetual Preferred Stock (STRK). The prorated dividend, covering the period from February 5, 2025, will be $1.24 per share, payable on March 31 to stockholders on record as of March 15.
Amid bitcoin’s price recovery, Strategy shares have climbed 13% in premarket trading to $289. However, the stock remains down nearly 50% from its all-time high reached in November.
