Strategy marked its 100th bitcoin purchase announcement, revealing it acquired 592 BTC last week for $39.8 million.

Under the leadership of Executive Chairman Michael Saylor, Strategy expanded its bitcoin holdings again last week, purchasing 592 BTC for $39.8 million.

The acquisition price averaged $67,286 per coin and was fully financed through the sale of common stock, according to a filing with the SEC.

With the latest addition, the company now controls 717,722 bitcoin acquired at a total cost of $54.56 billion — an average purchase price of $76,020 per BTC. With bitcoin currently trading just above $66,000, Strategy is sitting on an unrealized loss of roughly $10,000 per coin, or approximately $7 billion overall.

The update also marks a symbolic milestone. In a post on X, Saylor noted that this was the firm’s 100th bitcoin purchase announcement since it — then operating as MicroStrategy — began accumulating BTC in August 2020.

Shares of Strategy (MSTR) were down 2.5% in pre-market trading and have fallen more than 50% over the past year.