Strategy Acquires Additional $1.42B in Bitcoin, Increasing Total Holdings
Strategy (MSTR) has expanded its Bitcoin holdings by $1.42 billion with the purchase of 15,355 BTC, bringing its total Bitcoin reserves to 553,555 BTC, valued at roughly $52 billion at the current Bitcoin price of $95,000.
The company financed this latest acquisition through funds raised from two at-the-market (ATM) stock offerings. Strategy generated over $4 million by selling 435,000 shares of its preferred stock (series STRK) and a portion of its Class A common stock. The filing revealed that only $128.7 million remains available under the common stock ATM program, which is just a small fraction of the original $21 billion authorized in October 2024.
Following the announcement, MSTR shares rose by 1.5% in pre-market trading, in line with a modest increase in Bitcoin’s price since the end of last week.
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