Strategy Adds 10,100 BTC in Aggressive Buy Funded by $1B Capital Raise, Bitcoin Holdings Now Exceed $63B
Strategy (MSTR), the dominant corporate bitcoin holder, has expanded its crypto treasury once again, purchasing 10,100 BTC using proceeds from a major capital raise that included both preferred stock and equity sales.
The purchase brings the company’s total bitcoin stack to 592,100 BTC, now valued at approximately $63.3 billion based on the latest bitcoin price of around $107,000. The firm’s blended average cost for its bitcoin stands at $70,666.
A large portion of the funding came from its recent 10% Series A Perpetual Stride Preferred Stock (STRD) issuance, which raised roughly $979.7 million net after fees, through the sale of 11.76 million shares. Strategy also tapped into its existing at-the-market (ATM) programs involving STRK and STRF preferred stock classes to complete the purchase.
This latest move reinforces Strategy’s commitment to positioning bitcoin at the heart of its corporate strategy, even as volatility and global macro uncertainty persist.
MSTR shares were up 1.6% in pre-market trading. Bitcoin remained steady above $107,000.