Strategy Lists $64.16 Billion Bitcoin Cost Basis in Latest Filing
Strategy Inc. reported holding 850,364 BTC as of Nov. 8, with a total acquisition cost of $64.16 billion, according to a Nov. 9 filing. This is an increase of 4,364 BTC from its Sept. 20 filing, with an average acquisition cost rise of $40 per coin. The company acquired 1,036 BTC from Nov. 2 to Nov. 8, at an average cost of $79,012 per BTC, using proceeds from sales of its common stock.
How this was made
The 30-second read
Why it matters
The disclosure provides a rare, concrete data point on the scale of institutional Bitcoin ownership, which can affect market liquidity expectations.
Market read
Large institutional Bitcoin holdings are closely watched; new data can trigger short‑term price moves and influence sentiment across the crypto market.
What to watch
Potential that the BTC was acquired for treasury purposes rather than speculative holding, which may limit immediate sell pressure.
Background
Strategy Inc., a publicly traded investment firm, regularly files 13‑F reports detailing its crypto holdings. This filing updates its Bitcoin position and cost basis.
Ticker impact
Strategy Inc. disclosed a $64.16 billion cost basis for its 850,364 BTC holdings in a fresh SEC filing.
potential downward pressure as traders price in the risk of a future sell‑off from a major holder
A disclosed multi‑hundred‑billion‑dollar Bitcoin stake is material; markets often react to large holder disclosures with short‑term volatility.
Market effects
Highlights concentration risk in the crypto sector and may prompt scrutiny of other large Bitcoin holders.
Primarily affects global crypto markets; no specific regional bias.
Relevant to all participants in the Bitcoin market worldwide.
Counterpoint
The disclosed cost basis could be seen as a floor price, supporting bullish sentiment if the holder is perceived as a long‑term investor.
Key entities
- companyStrategy Inc.
Publicly listed investment firm reporting its Bitcoin holdings.
