European Investor
05 Jan 2026, 20:48
Strategy Inc reported updates on its at-the-market (ATM) equity program, bitcoin holdings, and preliminary Q4 2025 financials.
Between December 29, 2025 and January 4, 2026, Strategy sold about 2.0 million shares of Class A common stock, generating net proceeds of approximately $312 million. The proceeds were used to acquire 1,286 bitcoin, bringing total holdings to 673,783 BTC at an aggregate purchase price of about $50.55 billion, or an average of roughly $75,026 per bitcoin.
For Q4 2025, the company reported an unrealized digital asset loss of $17.44 billion, partially offset by a $5.01 billion deferred tax benefit. As of January 4, 2026, Strategy also maintained a U.S. dollar reserve of $2.25 billion to support preferred dividends and debt obligations.
Between December 29, 2025 and January 4, 2026, Strategy sold about 2.0 million shares of Class A common stock, generating net proceeds of approximately $312 million. The proceeds were used to acquire 1,286 bitcoin, bringing total holdings to 673,783 BTC at an aggregate purchase price of about $50.55 billion, or an average of roughly $75,026 per bitcoin.
For Q4 2025, the company reported an unrealized digital asset loss of $17.44 billion, partially offset by a $5.01 billion deferred tax benefit. As of January 4, 2026, Strategy also maintained a U.S. dollar reserve of $2.25 billion to support preferred dividends and debt obligations.