Strategy Kickstarts 2026 With $116m Bitcoin Buy As Q4 Paper Loss

Strategy bought 1,283 BTC for $116 million, lifting holdings above 673,000 BTC, while reporting a $17.4 billion unrealized Q4 loss in an SEC filing Monday.

Strategy, the world’s largest corporate holder of bitcoin, began the new year with its first purchase of 2026 while reporting a steep fourth-quarter paper loss as Bitcoin prices slid late last year.

Strategy acquired 1,283 Bitcoin (BTC) for $116 million, boosting its holdings to 673,783 worth $62.6 billion purchased at an average cost basis of $75,026 per BTC, according to a Monday filing with the US Securities and Exchange Commission.

The coins were acquired at an average purchasing price of about $90,000 each using proceeds from the sale of shares of MSTR Stock under the company’s at-the-market (ATM) offering.

The company also increased its US dollar reserve by $62 million to reach $2.25 billion, Strategy co-founder and executive chairman Michael Saylor said in a Monday X post. The cash reserve is used to support payments on dividends, preferred stock, and to pay interest on outstanding debts.

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While the latest purchase is larger than last week’s $108 million buy, it is small compared with some of Strategy’s biggest additions in 2025.

Strategy made its two largest Bitcoin purchases of 2025 on March 31 when it acquired 22,049 BTC for $1.92 billion, followed by a 21,021 BTC for $2.46 billion on July 29, according to data from SaylorTracker.com.

The latest investment comes two weeks after Strategy added $747.8 million in net proceeds to its cash reserves, obtained from the sale of common stock, Cointelegraph reported on Dec. 22.

Concerns over Strategy’s Bitcoin-focused business model persist as the company posted a $17.4 billion unrealized loss on its Bitcoin holdings during the fourth quarter of 2025, as Bitcoin’s price fell by more than 23%, Cointelegraph data shows.

Source: CoinTelegraph