Strategy accumulated more bitcoin and raised its cash balance last week.

Strategy (MSTR), the largest publicly traded corporate holder of bitcoin, increased both its cryptocurrency holdings and cash position around the end of 2025 and the start of 2026, funding the move through common stock sales.

The company, led by Executive Chairman Michael Saylor, purchased 1,287 bitcoin for slightly more than $116 million, paying an average of about $90,000 per coin. Strategy’s total bitcoin holdings now stand at 673,783 BTC, acquired for $50.55 billion at an average price of $75,026 each.

At the same time, Strategy added $62 million to its cash reserves, lifting its total cash balance to $2.25 billion.

The expanded cash buffer is intended to cover dividend payments on the company’s perpetual preferred equity. Based on current balances, Strategy has enough liquidity to fund roughly 32.5 months of dividend payments, according to its company dashboard.

The balance sheet update came alongside the disclosure of $17.44 billion in unrealized losses on Strategy’s bitcoin holdings for the fourth quarter, reflecting bitcoin’s slide from near $120,000 in early October to about $88,000 by year-end.

Shares of Strategy rose 4.5% in premarket trading, moving in step with a weekend recovery in bitcoin prices to around $92,900.