Billionaire Michael Saylor Purchases 850 BTC at $117K, Total Holdings at 639K BTC

Core Insights - Strategy Inc. has purchased an additional 850 BTC for approximately $99.7 million, increasing its total bitcoin holdings to 639,835 BTC [1][3] - The average purchase price for the latest acquisition was $117,344 per bitcoin, funded through at-the-market equity programs [1][7] - The company's total bitcoin holdings were acquired at a total cost of $47.33 billion, with an average cost of $73,971 per bitcoin [3] Acquisition Strategy - Strategy Inc. continues to demonstrate a long-term commitment to bitcoin as a reserve asset and a hedge against macroeconomic volatility [4] - The company is positioning itself as one of the largest corporate holders of bitcoin globally, reflecting its aggressive accumulation strategy [2][6] Financial Performance - The year-to-date bitcoin yield for 2025 stands at 26.0%, indicating strong appreciation relative to acquisition costs [5] - This performance underscores the company's thesis that bitcoin serves as a superior store of value compared to traditional assets [5][6] Funding Mechanism - The recent acquisitions were funded by proceeds from equity programs, raising a total of $100 million through the sale of STRF and MSTR shares [7][8] - The company has significant capital available under various ATM facilities, allowing for continued expansion of its bitcoin treasury [8]