Strategy Buys 10,100 More BTC Using $1B Raised From Preferred Stock, Lifts Treasury to Record Levels
The firm continues its aggressive bitcoin accumulation, funded by high-yield preferred offerings targeting institutional buyers.
Strategy (MSTR), the top corporate bitcoin holder, has acquired an additional 10,100 BTC, raising its total reserves to 592,100 BTC — now worth over $63 billion at current market prices near $107,000.
The latest purchase was funded through a combination of strategic capital-raising efforts. Most notably, the company completed a $1 billion raise via its 10% Series A Perpetual Stride Preferred Stock (STRD), issuing 11.76 million shares to long-term investors seeking fixed returns. Net proceeds from STRD amounted to approximately $979.7 million after deducting fees.
In parallel, Strategy also tapped its ongoing at-the-market equity sale programs, including its STRK and STRF preferred stock classes, to supplement the funding.
The average cost basis for Strategy’s BTC holdings now stands at $70,666 per coin. The company has been consistently scaling its exposure to bitcoin as a core treasury asset, and its market capitalization has expanded in tandem.
Shares of MSTR were up 1.6% in pre-market hours Monday, while bitcoin traded just above the $107,000 mark.

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