Core Insights - The company has expanded its bitcoin treasury by acquiring an additional 1,287 BTC, bringing total holdings to 673,783 BTC, with a total purchase cost of approximately $116 million [1] - The average acquisition cost for the entire bitcoin treasury is reported at $75,026 per BTC, with total bitcoin purchases amounting to $50.55 billion [2] Bitcoin Acquisition - The latest bitcoin purchase occurred between January 1 and January 4, with an average purchase price of $90,391 per bitcoin [1] - This acquisition follows a smaller purchase of three BTC at the end of December, indicating a continued accumulation strategy [2] USD Reserves - The company has increased its USD reserves by approximately $62 million, totaling around $2.25 billion [3] - The capital for this increase was primarily raised through the sale of Class A common stock under the company's at-the-market equity program [3] Equity Sales - Between January 1 and January 4, the company sold 735,000 shares of MSTR stock, generating net proceeds of $116.3 million, which were largely allocated toward bitcoin acquisitions [4] - An additional $195.9 million was raised from equity sales at the end of December [4] Funding Strategy - The company has significant remaining issuance capacity, with over $11.3 billion in MSTR common stock available for issuance, alongside several classes of preferred stock with multi-billion-dollar issuance capacity [5] - The company did not sell any preferred shares during the latest reporting period, relying instead on common equity issuance to fund its bitcoin purchases [6] Commitment to Bitcoin - The company's continued accumulation of bitcoin demonstrates its commitment to using bitcoin as a primary treasury reserve asset, consistently utilizing equity and capital markets to increase BTC exposure since adopting this strategy in 2020 [6] Bitcoin Market Context - Bitcoin is currently trading around $92,966, reflecting a 1.8% increase over the past 24 hours, indicating a recovery trend following a volatile December [7]

Group 1 - The company announced its 80th bitcoin purchase, acquiring 850 BTC for $99.7 million at an average price of $117,344 per BTC [1] - The total bitcoin holdings of the company now amount to 639,835 BTC, representing over 3% of bitcoin's maximum supply of 21 million, with an average purchase price of $73,971 per BTC [2] - The company reported a BTC Yield of 26.0% year-to-date, indicating a 26% growth in BTC per assumed diluted share since the start of 2025 [2] Group 2 - The company's stock, MSTR, has seen significant appreciation since adopting its bitcoin standard in 2020, outperforming major assets during this period [3] - At the time of publication, MSTR's stock price was down 1.7% [4]