Key Takeaways
- Strategy purchased 15,355 Bitcoin for $1.42 billion over the past week.
- The company's total Bitcoin holdings now stand at 553,555 BTC, worth over $52 billion.
- The latest purchase was funded through common and preferred stock offerings.
Expansion of Bitcoin holdings
Strategy (MSTR) has expanded its Bitcoin holdings by another 15,355 BTC over the past week, spending about $1.42 billion at an average price of $92,737 per Bitcoin, according to a filing published Monday.
Total Bitcoin stack
The company’s total Bitcoin stack has now grown to 553,555 BTC, valued at over $52 billion based on Bitcoin’s current price just above $95,000.
Strategy’s cumulative average purchase price sits at $64,459 per Bitcoin.
Funding the acquisition
The latest acquisition was funded through proceeds from the company’s at-the-market (ATM) stock offerings.
Between April 21 and April 27, Strategy sold over $4 million worth of Class A common stock and more than 435,000 shares of its STRK preferred stock series.
According to the 8-K filing, only $128.7 million remains in the common stock ATM program, a small fraction of the original $21 billion program launched in October 2024.
Market reaction
Shares of Strategy rose 1.5% in pre-market trading, moving in line with Bitcoin’s modest price increase since Friday.
