
Strategy continued accumulating Bitcoin last week but at a slower pace than in the previous two weeks.
The company spent $267 million to acquire roughly 2,900 Bitcoin, according to a press release.
That figure marked a sharp deceleration from earlier purchases of $1.2 billion and $2.1 billion.
Strategy now holds about 712,600 Bitcoin, valued at roughly $62.7 billion at current prices.
Bitcoin slipped below $90,000 as market uncertainty rose amid financial stress signals in Japan and U.S. shutdown concerns.
The latest purchase was funded mainly through common stock issuance, accounting for 97% of the capital raised.
Strategy also issued additional variable-rate preferred stock known as STRC to support its funding strategy.
STRC pays an annualised cash yield of around 11% through monthly dividends.
Co-founder Michael Saylor has described STRC as an alternative to a traditional savings account for investors.
Strategy raised $421 million from STRC offerings so far this month.
The company has said it will issue more STRC when the price trades above $100 to fund further Bitcoin purchases.
Strategy reported that its cash reserves are sufficient to cover around 30 months of dividend payments.
Analysts said the firm can still generate Bitcoin yield despite trading at a narrow premium to its holdings.
Prediction market traders currently expect Strategy’s valuation metrics to remain under pressure in the near term.
At the time of reporting, Bitcoin price was $88,020.75.