Strategy disclosed that the company had recently purchased 520 bitcoins at a cost of approximately $35 million at an average purchase price of $67068 per item. At the same time, the company added and retained $300 million in cash, raising the United States dollar liquidity reserve from $1.1 billion to $1.4 billion.
Cash reserve raised to $1.4 billion
The latest purchase was made public through platform X by the Executive Chairman Michael Saylor. By company disclosure, only about 10.4 per cent of the additional funds were directly used to buy bitcoin, while the remaining 89.6 per cent continued to be retained in cash to enhance balance sheet liquidity.
This arrangement means that companies are also increasing the size of available cash while continuing to advance the Bitcoin configuration. It had previously been questioned whether Strategy still had enough funds to maintain its financial elasticity after continuing to buy money.
- Recent purchases: 520 BTCs
- Purchase: approximately $35 million
- Liquidity reserve: from $1.1 billion to $1.4 billion
No new priority units issued for four consecutive weeks
Corporate disclosures indicate that Strategy has not issued new priority shares for the fourth consecutive week. The report mentions that instead of raising funds through new priority shares, the company chose to rely on equity to maintain a stable capital structure.
Prior to this, Strategy's floating priority share of STRC fell at one time by $100, raising some empty concerns about its ability to finance. There have been speculations in the market that companies may be forced to sell some bitcoin if they are under financial pressure.
Financial pressure challenges temporarily eased
According to the most recent disclosures, Strategy did not sell bitcoin, but instead continued to make small increases while retaining most of the additional cash. For the market, this has eased the challenge of tight liquidity at least in the short term.
The report also shows that the company did not invest much of the additional funds in bitcoin this time, but rather prioritized the retention of cash. This also reflects the fact that while the Bitcoin Treasury strategy continues, Strategy is placing more emphasis on financial reserves and financing security.
