Strategy, the leading corporate Bitcoin holder, has increased its cryptocurrency portfolio by purchasing 4,020 Bitcoin for around $427 million, raising its total Bitcoin assets to 580,250 BTC, the company confirmed.

The acquisition was funded through three active at-the-market (ATM) equity offerings, according to the company’s latest announcement.

Between May 19 and May 25, Strategy raised capital by selling 847,000 shares of its common stock (MSTR) for $348.7 million, 678,970 shares of its STRK preferred stock for $67.9 million, and 104,423 shares of STRF preferred stock for $10.4 million.

Collectively, these ATM programs have a combined capacity approaching $45 billion, underscoring Strategy’s long-term commitment to accumulating Bitcoin.

The recent Bitcoin purchase averaged $106,237 per coin, lifting the company’s total Bitcoin investment to approximately $40.61 billion, with an overall average cost basis of $69,979 per BTC.