Company Keeps Bitcoin Reserves Unchanged, Issues Initial Preferred Dividend

Strategy Holds Steady on Bitcoin Reserves, Announces First Preferred Dividend

Michael Saylor’s firm remains just short of the half-million BTC mark.

Strategy (MSTR) reported Monday morning that it did not acquire additional bitcoin (BTC) last week, keeping its total holdings unchanged at 499,096 BTC.

Despite its consistent bitcoin accumulation strategy in recent months, the company paused purchases amid a volatile market and declines in both BTC’s price and its own stock. No additional capital was raised last week to fund further acquisitions.

Strategy’s bitcoin reserves were acquired for roughly $33.1 billion, averaging $66,357 per BTC. With bitcoin rebounding above $93,000 over the weekend, the firm now sits on an unrealized profit exceeding $13 billion.

Additionally, Strategy announced its first quarterly cash dividend for its 8.00% Series A Perpetual Preferred Stock (STRK). The prorated dividend, amounting to $1.24 per share, will be paid on March 31 to stockholders of record as of March 15.

Following bitcoin’s rally, Strategy shares surged 13% in premarket trading to $289, though they remain nearly 50% below their record high from November.