Strategy Increases Bitcoin Holdings by $1.42B in Latest Purchase
Strategy (MSTR) has bolstered its Bitcoin portfolio with an additional $1.42 billion worth of BTC, acquiring 15,355 BTC to bring its total holdings to 553,555 BTC. This increases the company’s total Bitcoin assets to over $52 billion, based on the current price of $95,000 per Bitcoin.
The purchase was funded through proceeds from two recent at-the-market (ATM) stock offerings, which raised more than $4 million by selling 435,000 shares of its preferred stock (series STRK) and a small amount of Class A common stock. According to filings, just $128.7 million remains available in the common stock ATM program, representing a small portion of the $21 billion authorized in October 2024.
MSTR shares saw a 1.5% rise in pre-market trading following the announcement, mirroring a slight increase in Bitcoin’s price since Friday afternoon.
