Strategy Inc. Boosts Bitcoin Holdings with Latest Acquisition

Strategy Inc., a leading corporate investor in bitcoin, has made another significant addition to its portfolio with the acquisition of 3,015 bitcoin for approximately $204 million.

The latest purchase brings Strategy's total holdings to 720,737 BTC, making it the largest publicly traded corporate holder of the digital asset. The company's bitcoin position is valued at around $47 billion at current market prices, which is below its aggregate cost basis of roughly $75,985 per bitcoin.

Funding for this acquisition was secured through a combination of at-the-market stock sales and preferred equity issuance, with Strategy selling over 1.73 million shares of Class A common stock to generate around $229.9 million in net proceeds. The company also issued 71,590 shares of preferred stock, raising approximately $7.1 million after commissions.

The purchase is part of Strategy's long-term capital plan, which aims to raise $84 billion through equity and convertible note offerings by 2027. Management intends to use these funds primarily for additional bitcoin acquisitions, tying corporate treasury performance closely to bitcoin price movements.