Monday brought confirmation that Strategy is once again expanding its Bitcoin holdings. The firm added 1,142 BTC at an average price of $78,815 per coin, spending around $90 million in its latest accumulation move.
The purchase brings Strategy’s total stash to 714,644 BTC, acquired at a blended average cost of $76,056. With Bitcoin currently hovering just below $70,000, the position still remains underwater – but the buy reinforces Strategy’s ongoing commitment to the asset, even amid volatility and record-low sentiment.
Read also: Bitcoin Holds $70K, But Sentiment Stays at Record Lows
Strategy Remains Confident
While this latest acquisition does little to improve the firm’s cost basis, it signals continued confidence from one of Bitcoin’s largest and most visible corporate holders. In a market still shaken by forced liquidations and heavy selling pressure, such moves may offer a degree of reassurance – especially with investors still weighing the next directional catalyst.
With sentiment indicators still deep in extreme fear territory, Strategy’s quiet accumulation stands in contrast to the broader market’s hesitation. Whether this proves to be early positioning ahead of a rebound or simply disciplined dollar-cost averaging remains to be seen – but it shows the company is sticking to its playbook, regardless of gossips.
