Michael Saylor’s Strategy, the largest public holder of Bitcoin, revealed its recent BTC acquisitions as market prices declined. Strategy purchased 2,932 Bitcoin for $264.1 million last week, according to a US Securities and Exchange Commission filing made on Monday.

This increased its total Bitcoin holdings to 712,647 BTC, originally acquired at an average cost of $76,037 per coin for around $54.19 billion overall.

Purchases Outpacing Last Five Months

This recent buy was smaller compared to prior purchases made earlier in January: 22,305 BTC the previous week and 13,627 BTC the week before. Collectively, these two purchases represented the majority of Strategy’s latest accumulations.

As of now, purchases in January have totaled approximately 40,100 BTC, surpassing combined acquisitions from August to December 2025, indicating a marked increase in investment activity since the new year.

Details of Strategy’s latest Bitcoin acquisition. Source: SEC

The acquisitions coincide with a drop in Bitcoin prices, which saw a decline of more than 6% from its recent peaks. This reflects the Strategy’s approach to purchasing smaller amounts of Bitcoin during times of market vulnerability.

Funding Method for Recent Purchases

Strategy funded this recent acquisition primarily through proceeds from selling its Common A shares (MSTR). The company sold approximately 1.7 million MSTR shares last week, generating $257 million, along with 70,201 Series A Perpetual Stretch Preferred Stock (STRC) shares for an additional $7 million.

At the time of this reporting, MSTR shares were trading around $163, down 12% from a high of $185 earlier this month.