Strategy says it buys 1,229 Bitcoin for $108.8 million during the week ended Dec. 28, paying an average $88,568 per coin, including fees and expenses.
The company funds the purchase through its at-the-market equity program, selling 663,450 shares to generate $108.8 million in net proceeds.
Total Bitcoin holdings rise to 672,497 BTC, with an aggregate purchase price of $50.44 billion and an average cost basis of $74,997 per coin, the company says in a regulatory filing.
