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Michael Saylor's Strategy buys $1.25 billion bitcoin, largest purchase since July
Strategy purchased 13,267 BTC for $1.25 billion via the use of common stock and it's perpetual preferred equity STRC.
Updated Jan 12, 2026, 9:10 p.m. Published Jan 12, 2026, 1:12 p.m. 1 min read
What to know:
- Strategy purchased 13,627 BTC last week for $1.25 billion.
- The acquisitions were funded through sales of common stock and its perpetual preferred equity Stretch (STRC).
- Shares were slightly higher pre-market as bitcoin maintained $90,000.
Strategy (MSTR), the world’s largest publicly traded holder of bitcoin, increased its bitcoin holdings for the third consecutive week and its biggest purchase since July.
Led by executive chairman Michael Saylor, the company added 13,627 bitcoin for $1.25 billion, at an average price of roughly $91,519 per bitcoin. Strategy now holds 687,410 BTC, acquired for a total of $51.80 billion, representing an average purchase price of $75,353 per bitcoin.
The latest addition to the company’s bitcoin reserves was funded through the sale of $1.1 billion in common stock and $119.1 million of its perpetual preferred equity, Stretch (STRC).
MSTR shares were up 0.50% in pre market trading, while bitcoin remained above $90,000.
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CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.
What to know:
- Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
- A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.
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