Tuesday, August 11, 2026
LIVEThe Unrelenting Cyber Battle: Hacking Threats and the Imperative of Robust Data Protection///Navigating the Cyber Labyrinth: Bolstering Defenses Against Evolving Hacking Threats///The Dual Front War: Battling Hacking and Bolstering Data Protection in the Digital Age///The Ever-Evolving Cyber Threat Landscape: Navigating Hacking and Fortifying Data Protection///The Unseen Battle: Fortifying Data in an Age of Relentless Hacking///The Unseen War: Hacking's Relentless Advance and the Imperative of Data Protection///The Evolving Threat Landscape: Hacking, Data Protection, and the Imperative for Proactive Security///Navigating the Digital Minefield: Bolstering Data Protection in an Era of Relentless Hacking///The Dual Fronts of Digital Defense: Combating Hacking and Fortifying Data Protection///Hacking's New Frontier: Fortifying Data Protection in the Age of Advanced Cyber Threats///The Dual Front: Navigating Hacking Threats and Fortifying Data Protection in the Digital Age///Navigating the Digital Gauntlet: The Evolving Nexus of Hacking and Data Protection///The Unrelenting Cyber Battle: Hacking Threats and the Imperative of Robust Data Protection///Navigating the Cyber Labyrinth: Bolstering Defenses Against Evolving Hacking Threats///The Dual Front War: Battling Hacking and Bolstering Data Protection in the Digital Age///The Ever-Evolving Cyber Threat Landscape: Navigating Hacking and Fortifying Data Protection///The Unseen Battle: Fortifying Data in an Age of Relentless Hacking///The Unseen War: Hacking's Relentless Advance and the Imperative of Data Protection///The Evolving Threat Landscape: Hacking, Data Protection, and the Imperative for Proactive Security///Navigating the Digital Minefield: Bolstering Data Protection in an Era of Relentless Hacking///The Dual Fronts of Digital Defense: Combating Hacking and Fortifying Data Protection///Hacking's New Frontier: Fortifying Data Protection in the Age of Advanced Cyber Threats///The Dual Front: Navigating Hacking Threats and Fortifying Data Protection in the Digital Age///Navigating the Digital Gauntlet: The Evolving Nexus of Hacking and Data Protection///
Subscribe
Cyber Security
Independent · Digital
Thehackingpost
CybersecurityAI-assisted

Strategy’s Corporate Treasury Reaches Total BTC Holdings of 660,624

Strategy (Nasdaq: MSTR) has announced the acquisition of 10,624 Bitcoin for approximately $962.7 million in cash between December 1 and December 7, 2024. This brings the company's total Bitcoin holdings to 660,624 BTC, maintaining its status as a leading…

Strategy (Nasdaq: MSTR) has announced the acquisition of 10,624 Bitcoin for approximately $962.7 million in cash between December 1 and December 7, 2024. This brings the company's total Bitcoin holdings to 660,624 BTC, maintaining its status as a leading corporate holder of the cryptocurrency.

The company acquired Bitcoin at an average price of $90,615 per unit during this period. Across all acquisitions, the average purchase price stands at approximately $74,696 per Bitcoin. The acquisition was funded through the sale of equity securities, with $963.0 million raised matching the capital used for the Bitcoin purchase.

Approximately 96% of the capital raised came from the sale of 5,127,684 shares of Class A Common Stock, generating $928.1 million in net proceeds. The remaining 4% was obtained from selling 442,536 shares of 10.00% Series A Perpetual Stride Preferred Stock, generating $34.9 million in net proceeds.

Strategy has revealed substantial remaining capacity for future equity issuances. As of December 7, the company has $13.45 billion available under its Class A Common Stock program. Additionally, it has $20.34 billion available under its 8.00% Series A Perpetual Strike Preferred Stock program, $4.10 billion for Stride Preferred Stock, $4.04 billion for Variable Rate Series A Perpetual Stretch Preferred Stock, and $1.64 billion for 10.00% Series A Perpetual Strife Preferred Stock. This totals over $43 billion in potential capital-raising capacity.

Strategy (Nasdaq: MSTR) has announced the acquisition of 10,624 Bitcoin for approximately $962.7 million in cash between December 1 and December 7, 2024.
Paige Monroe · Thehackingpost

Strategy's stock closed at $178.99, showing a decline of 25.07% month-to-date and 40.34% year-to-date. Despite this, the company trades at a premium of 1.13x mNAV, indicating investor willingness to pay more than the value of its Bitcoin holdings.

Strategy's approach represents a significant corporate treasury strategy in the digital asset space. The company has transformed into a Bitcoin treasury entity, leveraging capital markets to accumulate Bitcoin as a reserve asset.

Advertisement

With over $43 billion in capital-raising capacity, Strategy is positioned to continue its Bitcoin acquisition strategy. As Bitcoin's role in corporate treasury evolves, Strategy's approach will serve as a case study for other companies.

Based on reporting by TechBullion.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
Related Stories