In a move that underscores its ongoing commitment to Bitcoin, Strategy (formerly MicroStrategy) has expanded its digital asset holdings by acquiring an additional 705 BTC. This latest purchase, valued at approximately $75 million, brings the company’s total Bitcoin stash to a staggering 580,955 BTC, now worth over $60 billion at current market prices 1 2 3.
How Did Strategy Fund the Purchase?
To finance this acquisition, Strategy tapped into its preferred share offerings. The company raised $74,6 million by selling two classes of perpetual preferred stock—STRK and STRF. Specifically, it sold 353,511 shares of STRK for $36,2 million and 374,968 shares of STRF for $38,4 million between May 26 and June 1, 2025. This approach allowed Strategy to bolster its Bitcoin reserves without taking on traditional debt or diluting common equity 1.
What’s the Average Cost and Market Value?
The latest batch of Bitcoin was bought at an average price of $106,495 per BTC, nudging the company’s overall average purchase price to $70,023 per coin. With Bitcoin trading around $104,000, Strategy’s holdings are now valued at roughly $60 billion, cementing its status as the world’s largest corporate Bitcoin holder 1 2 3.
Why Does This Matter?
Strategy’s aggressive accumulation of Bitcoin highlights its belief in the cryptocurrency as a core treasury asset. The company’s ongoing investments, funded through innovative equity offerings, signal a long-term bullish stance on Bitcoin’s role in the global financial system. This strategy not only sets a benchmark for institutional crypto adoption but also demonstrates how traditional corporate finance tools can be leveraged to build significant digital asset reserves 1 2 3.
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