Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 573

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 573
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 thousands)

    Approximate Number of Bitcoins Held

    Approximate Average Purchase Price Per Bitcoin

    Balance at December 31, 2022

    $
    3,993,190

    $
    (2,153,162
    )
     
    $
    1,840,028

    132,500

    $
    30,137

    Digital asset purchases
     
    (a)

    1,902,299

    1,902,299

    56,650

    33,580

    Digital asset impairment losses

    (115,851
    )

    (115,851
    )

    Balance at December 31, 2023

    $
    5,895,489

    $
    (2,269,013
    )
     
    $
    3,626,476

    189,150

    $
    31,168

    Digital asset purchases
     
    (b)

    22,072,759

    22,072,759

    258,320

    85,447

    Digital asset impairment losses

    (1,789,862
    )

    (1,789,862
    )

    Balance at December 31, 2024

    $
    27,968,248

    $
    (4,058,875
    )
     
    $
    23,909,373

    447,470

    $
    62,503

(a)During 2023, we purchased bitcoin using $1.864 billion of the net proceeds from our sale of class A common stock under our at-the-market equity offering programs, and $37.9 million of Excess Cash. 

(b)During 2024, we purchased bitcoin using $16.330 billion of the net proceeds from our sale of class A common stock under our at-the-market equity offering program, $2.974 billion of the net proceeds from our issuance of the 2029 Convertible Notes, $782.0 million of the net proceeds from our issuance of the 2030 Convertible Notes, $756.0 million of the net proceeds from our issuance of the 2032 Convertible Notes, $592.3 million of the net proceeds from our issuance of the 2031 Convertible Notes, $458.2 million of the net proceeds from our issuance of the 2028 Convertible Notes