The post Strategy Adds 1,229 BTC as Bitcoin Consolidates Near $87K appeared on BitcoinEthereumNews.com. Strategy bought 1,229 BTC at $88,568, boosting its YTD BitcoinThe post Strategy Adds 1,229 BTC as Bitcoin Consolidates Near $87K appeared on BitcoinEthereumNews.com. Strategy bought 1,229 BTC at $88,568, boosting its YTD Bitcoin

Strategy Adds 1,229 BTC as Bitcoin Consolidates Near $87K

  • Strategy bought 1,229 BTC at $88,568, boosting its YTD Bitcoin yield to 23.2%.
  • Equity sales funded the purchase, leaving ample capacity across preferred stock offerings.
  • Bitcoin consolidated near $85K–$88K, with $80K weekly close as key downside risk.

Strategy has continued its aggressive Bitcoin accumulation strategy despite a cooling crypto market and declining asset prices. In its latest filing, the company disclosed the purchase of 1,229 BTC for approximately $108.8 million. 

The acquisition occurred at an average price of $88,568 per Bitcoin and lifted Strategy’s year-to-date BTC yield to 23.2%. Consequently, the firm now holds 672,497 BTC acquired at a combined cost of about $50.44 billion.

Besides reinforcing its long-term conviction, the purchase highlights Strategy’s willingness to buy during market consolidation phases. As of December 28, 2025, the company’s average Bitcoin acquisition price stood at $74,997. Hence, the latest buy sits above its historical cost basis but aligns with its accumulation model.

Equity Sales Fund Continued Bitcoin Accumulation

The filing confirmed that Strategy funded the purchase through its at-the-market equity program. During the week, the company sold 663,450 shares of MSTR stock and generated net proceeds of $108.8 million. However, it did not issue shares across its preferred stock offerings, leaving significant issuance capacity available across STRF, STRC, STRK, and STRD securities.

Additionally, the transaction followed Michael Saylor’s public signal of another Bitcoin buy. This follows Saylor’s hint of another Bitcoin purchase yesterday. The company’s executive chairman had made his conventional Sunday X post, with the caption, ‘Back to Orange,’ signaling another purchase. Hence, the filing formalized market expectations set earlier in the week.

Related: Bitcoin Price Prediction: BTC Holds Range as Open Interest Cools & Saylor Sparks Speculation

Moreover, the acquisition marked a return to buying after Strategy paused purchases the prior week. At that time, the firm increased its cash reserves to $2.19 billion, signaling flexibility in capital deployment.

Market Signals Point to Consolidation, Not Reversal

Bitcoin traded near $87,237 at the time of reporting, reflecting modest daily and weekly declines. However, analysts continue to view the broader trend as intact. 

According to Ali Martinez, Bitcoin printed a death cross between the 10-week and 50-week simple moving averages three weeks ago. Significantly, Martinez described the signal as historically lagging during macro uptrends.

Instead of triggering accelerated losses, Bitcoin consolidated within the $85,000 to $88,000 range. This zone now acts as near-term structural support. Consequently, analysts view a weekly close below $80,000 as the key downside risk. However, reclaiming $90,000 could reopen upside momentum toward higher cycle targets.

Related: Bitcoin’s Record Options Expiry Tests Market Stability at Year-End

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/strategy-adds-1229-btc-as-bitcoin-consolidates-near-87k/

Market Opportunity
1 Logo
1 Price(1)
$0,011495
$0,011495$0,011495
+%20,30
USD
1 (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.