Strategy purchased another 10,624 bitcoins between December 1st and December 7th.

According to Odaily Planet Daily, Strategy (formerly MicroStrategy) purchased another 10,624 bitcoins between December 1st and December 7th, costing approximately $962.7 million, at an average purchase price of $90,615 per bitcoin. Michael Saylor, co-founder and executive chairman of Strategy, stated that Strategy now holds a total of 660,624 bitcoins, with a total cost of approximately $49.4 billion and an average purchase price of $74,696 per bitcoin. The funds for this purchase came from the proceeds of the sale of the company's Class A common stock (MSTR) and SRD perpetual preferred stock. In addition, Strategy previously announced that it had established $1.44 billion in dollar reserves.