Strategy Purchases Additional $1.42B of Bitcoin, Expanding Holdings to Over $52B
Strategy (MSTR) has increased its bitcoin holdings by 15,355 BTC over the past week, spending approximately $1.42 billion on the acquisition. This purchase brings the company’s total bitcoin stack to 553,555 BTC, valued at over $52 billion based on the current bitcoin price of $95,000.
The average cost of MSTR’s total bitcoin holdings now stands at $64,459 per BTC. This latest purchase was made possible through proceeds from the company’s two at-the-market (ATM) stock offerings. From April 21 to April 27, Strategy raised more than $4 million by selling over 435,000 shares of its preferred stock (series STRK) and a small amount of its Class A common stock.
The filing also disclosed that only $128.7 million remains available in the common stock ATM program, representing just 0.6% of the original $21 billion authorized in October 2024.
Following the news, MSTR shares rose by 1.5% in pre-market trading, aligning with a slight increase in bitcoin’s price since Friday afternoon.