Strategy Increases Bitcoin Holdings by $1.42B Through Latest Buy.

Strategy Expands Bitcoin Holdings by $1.42B with Recent Purchase

In a bold move, Strategy (MSTR) has expanded its Bitcoin portfolio by an additional $1.42 billion with the purchase of 15,355 BTC, boosting its total holdings to 553,555 BTC. This acquisition, made at an average price of $92,460 per BTC, brings the company’s total bitcoin holdings to a staggering $52 billion.

The purchase was funded through proceeds from two at-the-market (ATM) stock offerings, with Strategy raising $4 million by selling 435,000 shares of preferred stock (series STRK) and a small amount of Class A common stock. The filing indicates that the remaining availability in the common stock ATM program is just $128.7 million, representing a small portion of the original $21 billion authorized last October.

In response to the purchase, MSTR shares saw a modest increase of 1.5% in pre-market trading, coinciding with a slight uptick in Bitcoin’s price since the end of last week.