Strategy Boosts Bitcoin Holdings by Over 4,200 BTC as Corporate Buying Ramps Up
Corporate appetite for bitcoin shows no signs of slowing, with Strategy (MSTR)—the world’s largest publicly traded bitcoin holder—adding 4,225 BTC to its reserves last week, spending $472.5 million on the purchase.
This latest buy lifts Strategy’s total bitcoin holdings to 601,550 BTC, acquired at an average price of $71,268 per coin, translating to a cumulative investment of $42.87 billion. At current market prices near $121,500, the company’s bitcoin stash is valued around $73 billion.
To fund the acquisition, Strategy tapped several financing sources: it raised $330.9 million through its at-the-market stock offering program, and secured additional funds from preferred share sales—$71.1 million from STRK, $55.3 million from STRF, and $15 million from STRD—collecting $472.3 million in net proceeds overall. Shares of MSTR rose 2.5% to $445 on the news.
Corporate Bitcoin Accumulation Widens
Strategy isn’t the only firm expanding its bitcoin treasury:
- Sequans (SQNS) acquired 683 BTC, growing its total to 1,053 BTC.
- K33 (K33 AB) purchased 36 BTC, crossing the 100 BTC milestone with 121 BTC now held.
- Tao Alpha (SATS) entered the market with a first-time purchase of 28.56 BTC.
- The Blockchain Group added 29 BTC, bringing its holdings to 1,933 BTC.
These acquisitions follow Metaplanet’s (3350) recent purchase of 797 BTC, highlighting the accelerating trend of corporate participation in the bitcoin market as firms seek new avenues for treasury diversification and exposure to digital assets.
