According to @OnchainLens, Strategy (formerly MicroStrategy) purchased 13,627 BTC for $1.25B, bringing total holdings to 687,410 BTC acquired for approximately $51.80B at an average cost of $75,353 per BTC (source: Onchain Lens, Jan 12, 2026). Based on these reported figures, the latest tranche implies an estimated buy price near $91,730 per BTC and represents about 2.0% of the firm’s current stack, providing concrete reference points for Bitcoin treasury accumulation and cost-basis analysis (source: Onchain Lens; calculations from reported data).