Strategy Adds 1,229 BTC as Schiff Questions Funding Source

Core Insights - Strategy Inc. has made a new Bitcoin purchase, acquiring 1,229 BTC at an average price of $88,568 per coin, totaling $108.8 million [2] - The firm now holds 672,497 BTC, valued at approximately $50.44 billion, with a year-to-date yield of 23.2% [2] - The company is opposing MSCI's proposal to exclude digital asset treasury companies from global indexes, arguing that the 50% threshold is arbitrary and discriminatory [3] Company Actions - The recent Bitcoin acquisition aligns with Strategy's ongoing strategy to bolster its holdings amid scrutiny from critics like Peter Schiff [4] - The firm has established a significant cash buffer from equity issuance, leading to speculation about potential future Bitcoin purchases [5] Market Context - Strategy's stock is trading near its Bitcoin Net Asset Value (mNAV), indicating market expectations regarding its Bitcoin reserves [5] - The MSCI consultation regarding the eligibility of digital asset treasury companies for its indices is set to conclude by January 15, 2026 [3]