michael saylor

Strategy (MSTR) stock roared above $189 this morning as renewed bitcoin strength and continued corporate BTC purchases drove demand.

Strategy added 13,627 bitcoin for $1.25 billion last week, lifting its total holdings to 687,410 BTC as it funded the purchase through equity sales.

MSCI has ended its review of digital asset treasury companies and opted to keep them eligible for its major indexes, allowing bitcoin-heavy firms like Strategy to remain included under existing rules.

Michael Saylor’s Strategy bought 1,286 BTC for $116 million, raising its Bitcoin holdings to 673,783 BTC and U.S. dollar reserves to $2.25 billion.

Strategy resumed its bitcoin accumulation in late December, acquiring 1,229 BTC for about $109 million at an average price of $88,568 per coin.

Strategy just raised $748 million to lift cash reserves to $2.19 billion and held its bitcoin balance steady at 671,268 BTC.

Strategy owns 3.2% of all Bitcoin, spending nearly $2 billion in the past two weeks to grow its BTC treasury to 671,268 BTC.

Strategy, the world’s largest publicly traded bitcoin holder, just bought another $1 billion worth of bitcoin. The company did the same last week.

Strategy released a letter to MSCI arguing that their proposed digital asset threshold is “misguided” and would have “profoundly harmful consequences."

Speaking at Bitcoin MENA, Michael Saylor framed Bitcoin as the foundation of a new era in digital capital and credit.