Bitcoin’s Wild Ride: Strategy Inc. Laughs at Volatility with 855 BTC Grab

In the Theater of Markets

• Strategy Inc., that grand actor on the stage of digital fortunes, has once again embraced the chaos, swelling its treasury to 713,502 BTC-a move as bold as it is bewildering.
• With a flourish, the company traded $75.3 million in common stock for this treasure, a transaction as elegant as a ballet dancer pirouetting through a bear market.
• And what of the dividends? Ah, they rise like a phoenix, reaching 11.25% on the perpetual preferred stock, a siren’s call to investors in these turbulent times.

In the heart of winter’s market tempest, Strategy Inc., the Bitcoin treasury maestro, has struck again. With a stroke of audacity, it acquired 855 BTC for $75.3 million, a sum that would make lesser firms tremble. This purchase, executed between January 26 and February 1, came at an average price of $87,974 per coin-a price that whispers of both folly and genius.

The funds? They flowed from the sale of shares in the company’s at-the-market offering, a maneuver as smooth as a silk scarf in a magician’s hand. This keeps Strategy Inc. perched atop the throne as the largest corporate holder of Bitcoin, a title it wears with both pride and a hint of madness.

Ah, but the market! It is a fickle lover, is it not? On January 30, Strategy Inc.’s stock took an 11% plunge as Bitcoin dipped below $85,000, a reminder that the company’s fate is tied to the whims of this digital deity.

The Ledger of Dreams

As of February 1, Strategy Inc.’s holdings stand at 713,502 BTC, a treasure valued at $54.26 billion. The average price? A mere $76,052 per BTC. In its latest filing, the company revealed it raised $106.1 million by selling 673,527 shares of its Class A common stock-a sacrifice to the gods of accumulation.

And let us not forget the preferred stock, that darling of traditional investors. The dividend rate on the Series A Perpetual Stretch Preferred Stock has been raised to 11.25%, a move as cunning as it is seductive. It beckons to those who seek stability in a world of chaos, even as the company continues its digital odyssey.

The Dance of Accumulation

Strategy Inc.’s appetite for Bitcoin knows no bounds. On January 20, it surpassed 700,000 BTC with a $2.13 billion purchase. A week later, it added another 2,932 BTC for $264 million. These are not mere transactions; they are acts of defiance, a declaration that the company will not be swayed by the market’s tantrums.

Meanwhile, in the land of samba and sun, OranjeBTC, a Brazilian Bitcoin treasury firm, has also joined the dance. Its reserves now stand at 3,722.3 BTC, with a portfolio composition of 43,604 shares per bitcoin. A modest sum, perhaps, but a testament to the global allure of this digital gold.

Together, these companies paint a picture of resilience, exploiting the market’s panic to their advantage. It is a game of chess, played on a board of volatility, where only the boldest moves yield victory.

The Price of Dreams

As the curtain falls on another day, Bitcoin trades at $77,893, a slight decline of 0.43% in 24 hours. The market capitalization stands at $1.55 trillion, a mere 0.5% dip. The circulating supply remains at 19.98 million BTC, inching closer to the sacred 21 million limit.

Strategy Inc., that modern-day Midas, now owns 3.4% of the total Bitcoin supply. And with billions still available for future stock issuances-$8 billion in its common stock ATM program and $20 billion in its preferred stock-the company’s buying spree shows no signs of abating. In this theater of markets, Strategy Inc. is both actor and playwright, scripting its own destiny with every bold move.

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2026-02-02 20:35