Strategy, recognized as the largest corporate holder of Bitcoin, has increased its BTC holdings by purchasing an additional 4,020 coins for approximately $427 million, bringing its total Bitcoin balance to 580,250.
The company funded this latest acquisition through three active at-the-market (ATM) equity programs, as detailed in a recent press release.
From May 19 through May 25, Strategy sold 847,000 shares of its common stock (MSTR) raising $348.7 million, alongside 678,970 shares of STRK preferred stock for $67.9 million and 104,423 shares of STRF preferred stock for $10.4 million.
These ATM equity offerings, with a combined authorization capacity nearing $45 billion, form a core part of Strategy’s ongoing Bitcoin accumulation strategy.
The average purchase price for the new Bitcoin tranche was $106,237 per coin, bringing the company’s total Bitcoin investment to roughly $40.61 billion, with an overall average cost basis of $69,979 per BTC.