No Changes in Strategy’s Bitcoin Stash Last Week; Firm Introduces First Preferred Dividend

Strategy Holds Steady at 499K BTC, Announces First Preferred Stock Dividend

Michael Saylor’s firm takes a break from bitcoin buying as prices surge.

Strategy (MSTR) confirmed on Monday that it did not add to its bitcoin (BTC) holdings last week, maintaining its total reserve at 499,096 BTC.

The company, known for its aggressive bitcoin accumulation strategy under Michael Saylor’s leadership, has been making regular purchases in recent months. However, with BTC prices rallying past $93,000, no new capital was deployed for acquisitions last week.

Strategy’s bitcoin position, acquired for roughly $33.1 billion at an average price of $66,357 per BTC, now boasts an unrealized gain of over $13 billion.

Additionally, the company declared its first quarterly cash dividend for its 8.00% Series A Perpetual Preferred Stock (STRK), with a prorated payment of $1.24 per share set for March 31. The record date for stockholders is March 15.

Shares of Strategy climbed 13% in premarket trading to $289 but remain nearly 50% below their November peak.