Key TakeawaysStrategy bought 4,871 BTC for $329.9M at ~$67,718 per coin.Total holdings reach 766,970 BTC (~3.8% of supply).Average cost sits at $75,644, implying ~$5B unrealized loss.Purchases largely funded via STRC preferred stock sales.Strategy Continues Aggressive Bitcoin AccumulationStrategy has added another 4,871 Bitcoin to its balance sheet, reinforcing its position as the largest corporate holder of BTC.The latest purchase, valued at approximately $330 million, was executed at an average price of $67,718 per coin, according to a recent filing.This brings Strategy’s total Bitcoin holdings to 766,970 BTC, representing about 3.8% of the total circulating supply.Position Remains Underwater Despite Continued BuyingDespite ongoing accumulation, Strategy’s Bitcoin position remains below its average cost basis.The company has spent approximately $58.02 billion acquiring Bitcoin at an average price of $75,644. With Bitcoin currently trading near $69,000, the position reflects an unrealized loss of around $5 billion, or roughly 8%.However, Strategy has maintained its long-term accumulation strategy regardless of short-term price fluctuations.Funding Driven by Equity and Preferred Stock SalesThe latest purchases were primarily funded through capital markets activity.$227.3 million raised via STRC preferred stock$72 million from common stock salesThis approach allows Strategy to continue accumulating Bitcoin without directly liquidating existing assets.Institutional Accumulation Remains Key Market SupportStrategy remains one of the largest sources of institutional demand for Bitcoin.Alongside spot Bitcoin ETFs, which absorbed roughly 50,000 BTC in recent weeks, Strategy has contributed significantly to market absorption, accumulating around 44,000 BTC over a 30-day period.