Corporate Bitcoin Buying Accelerates as Strategy, Sequans, K33, Tao Alpha, and The Blockchain Group Grow Their Crypto Treasuries

Strategy (MSTR), the largest publicly listed corporate holder of bitcoin (BTC), expanded its reserves last week by purchasing an additional 4,225 BTC for $472.5 million.

This latest acquisition pushes Strategy’s total bitcoin stash to 601,550 BTC, bought at an aggregate cost of $42.87 billion. The company’s average purchase price now stands at $71,268 per BTC. At the current market price of around $121,500, Strategy’s holdings are valued at approximately $73 billion.

To fund the purchase, Strategy raised $330.9 million through net proceeds from its at-the-market equity program, supplemented by $71.1 million from STRK preferred shares, $55.3 million from STRF preferred shares, and $15.0 million from STRD preferred shares. Altogether, these efforts brought in $472.3 million, fully covering the latest bitcoin acquisition. Shares of MSTR rose 2.50% to close at $445.

More Companies Join the Bitcoin Buying Trend

Other publicly traded firms also disclosed bitcoin purchases on Monday:

• Sequans (SQNS) acquired 683 BTC, bringing its total holdings to 1,053 BTC.
• K33 (K33 AB) added 36 BTC, increasing its reserves to 121 BTC and surpassing the 100 BTC milestone.
• Tao Alpha (SATS) purchased its first tranche of bitcoin, totaling 28.56 BTC.
• The Blockchain Group acquired 29 BTC, lifting its overall holdings to 1,933 BTC.

These purchases add to Metaplanet’s recent acquisition of 797 BTC, underscoring the growing momentum of corporate adoption in the bitcoin market.