With a $427 million purchase of 4,020 Bitcoin, Strategy’s total Bitcoin holdings now exceed 580,000 BTC.

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.

  • Related Posts

    Binance expands its platform with a prediction market offering for millions of users.

    Binance has added a prediction markets feature to its Binance Wallet, enabling users to trade on real-world event outcomes directly within the app. The integration links Binance Wallet to Predict.fun,…

    Continue reading
    Bhutan has reportedly divested 70% of its Bitcoin over the past 18 months and may have paused or ended BTC mining.

    Bhutan is steadily exiting one of the most closely watched sovereign bitcoin strategies, continuing a measured reduction in its holdings. The kingdom’s reserves have declined from roughly 13,000 BTC in…

    Continue reading