Key Takeaways
- Strategy acquired 22,048 Bitcoin for $1.9 billion between March 24–30.
- The company now holds 528,185 BTC — the largest corporate stash globally.
- Funds came from equity offerings, raising over $1.9 billion in total.
Strategy, the company formerly known as MicroStrategy, disclosed on Monday that it acquired 22,048 Bitcoin between March 24 and 30, spending approximately $1.9 billion.
The purchase was made at an average price of $86,969 per Bitcoin.
Total holdings
With this latest acquisition, Strategy now holds 528,185 BTC, reinforcing its status as the largest corporate holder of Bitcoin globally.
Funding sources
The company funded the purchase using proceeds from a series of equity offerings.
According to an SEC filing, Strategy sold over 3.6 million shares of its Class A Common Stock, generating $1.2 billion in net proceeds.
It also raised funds through the sale of 213,807 shares of its 8.00% Series A Perpetual Strike (STRK) Preferred Stock, securing $18.5 million, and concluded the offering of its 10.00% Series A Perpetual Strife (STRF) Preferred Stock, raising an estimated $711 million.
Executive insights
Michael Saylor, Strategy’s Executive Chairman, had hinted at a major purchase just a day before the official announcement.
Stock performance
Despite the aggressive accumulation, Strategy’s stock has been under pressure.
Shares of MSTR closed down nearly 11% on Friday and were trading around $277 in pre-market Monday.
The stock continues to move closely with Bitcoin’s price, which stood at around $82,100 at press time — down 4.5% over the past week.
