New STRD Capital Raise Powers Strategy’s Massive Bitcoin Treasury Boost

Strategy Buys Another 10,100 BTC With Funds From $1B+ Preferred Stock Raise, Now Holds Over 592K Coins

Strategy (MSTR), the public company with the largest bitcoin treasury, announced the purchase of 10,100 more BTC, lifting its total holdings to 592,100 BTC—worth over $63.3 billion at current prices.

The buy was primarily funded through its recent issuance of Series A Stride Preferred Stock (STRD), a high-yield instrument offering 10% annual dividends. The offering raised nearly $980 million in net proceeds following the sale of 11.76 million shares. Additional capital came from an ongoing at-the-market (ATM) share sale program that included its other preferred classes, STRK and STRF.

With bitcoin trading near $107,000, the new tranche raises Strategy’s average purchase price to $70,666 per coin. The firm’s aggressive accumulation underscores its long-term conviction in bitcoin as a corporate treasury asset.

As of Monday morning, MSTR shares rose 1.6% in pre-market trading. Bitcoin remained stable just above the $107K mark, with markets eyeing the company’s next move.