Strategy, previously known as MicroStrategy, has significantly increased its Bitcoin holdings to 478,740 BTC. The company recently purchased 7,633 BTC for $742.4 million, with an average price of $97,255 per Bitcoin. This acquisition raised their overall average purchase price to $65,033. The company did not buy any Bitcoin the previous week, likely due to a blackout period during its earnings week. On February 6, Strategy reported a fourth-quarter net loss of $3.03 per share, contrasting with a profit of $0.50 per share the year before. The funds for these Bitcoin purchases came from the sale of shares and a perpetual preferred equity offering.
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