Representation of Bitcoin cryptocurrency in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights , opens new tab
Jan 20 (Reuters) - Billionaire Michael Saylor's bitcoin-focused firm Strategy (MSTR.O) said on Tuesday it bought about $2.13 billion worth ?of bitcoin over the past eight days, ?stepping up purchases even as its stock has been pressured by cryptocurrency volatility.
The company acquired roughly 22,305 bitcoin between the ?period of January 12 and January ?19, according to a regulatory filing.
Saylor said in an X post on Tuesday ?that Strategy holds 709,715 bitcoin as of January 19.
Shares of the company slid about 6.6% as ?bitcoin fell 2.4%, underscoring the stock's sensitivity ?to moves in the cryptocurrency.
Strategy said the purchases ?of ?bitcoin were funded with proceeds from its at-the-market offering program.
Earlier this month, Strategy reported an unrealized loss of $17.44 billion on its ?digital assets ?in ?the fourth quarter, reflecting a drop in the value of its bitcoin holdings in the quarter, a ?paper hit that has weighed on investor sentiment alongside sharp crypto-market swings.
Strategy, which started out ?as software company MicroStrategy, ?began buying and holding bitcoin in 2020.
Our Standards: The Thomson Reuters Trust Principles. , opens new tab