Saylor's Firm Expands Bitcoin Holdings and Boosts Cash Reserves
Michael Saylor's company announces plans to acquire additional Bitcoin while increasing its USD reserves amid financial losses.
The NASDAQ-listed firm co-founded by Michael Saylor has detailed plans for purchasing Bitcoin as part of a strategic acquisition slated for 2026, aiming to add close to 1,300 Bitcoin to its assets.
However, the company has faced significant challenges, reporting a staggering unrealized loss of more than $17 billion in the fourth quarter of the previous year, primarily attributed to the sharp decline in Bitcoin’s price during that period.
Strategy has acquired 1,287 BTC to increase its BTC Reserve to ₿673,783 and has increased its USD Reserve by $62 million to $2.25 billion.
Translation: Strategy has enhanced its Bitcoin Reserve to 673,783 BTC and its USD Reserve has risen to $2.25 billion following the acquisition of an additional $62 million in cash.
Following this latest addition, the company’s total Bitcoin holdings surged to 673,783 BTC. With current Bitcoin pricing hovering around $93,000, this elevates the firm’s overall worth to approximately $62.6 billion.
In related developments, Walter Bloomberg reported that the firm’s unrealized loss for the fourth quarter of last year reached $17.44 billion, and the company’s stock value dropped by nearly 70% since peaking in 2024. This situation has cast doubts on the viability of corporate models heavily reliant on Bitcoin, especially following recent share sales aimed at bolstering cash reserves amidst waning investor confidence.
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