Core Viewpoint - The company has continued to increase its Bitcoin holdings, acquiring 1,286 BTC for $116 million as Bitcoin surpassed $90,000, ahead of a significant MSCI decision regarding digital asset treasury companies [1][2][5]. Group 1: Bitcoin Acquisition - The company acquired 1,286 BTC for $116 million at an average price of $88,568 per Bitcoin, with earlier purchases of 3 BTC at an average price of $88,210 [2]. - The company purchased 1,283 BTC between January 1 and 4 for $116 million at an average price of $90,391 [2]. - The total Bitcoin holdings now amount to 673,783 BTC, acquired for $50.55 billion at an average price of $75,026 per BTC [4]. Group 2: Financial Performance - The company has increased its USD reserve by $62 million to $2.25 billion, which is intended to support dividend payments on preferred stock and interest on debts [8]. - The stock price of the company has risen over 4% in premarket trading, currently trading around $164, up from last week's close of $157 [3][6]. Group 3: Market Context - Bitcoin has surged to as high as $93,000 at the start of the year, with a year-to-date gain of approximately 6% [5]. - The upcoming MSCI decision will determine if digital asset treasury companies are classified as investment funds, which could risk delisting and lead to potential outflows of up to $2.8 billion [7].
Breaking: Michael Saylor’s Strategy Buys 1,286 BTC, Increases USD Reserve To $2.25B