Strategy Buys Another $110M in Bitcoin (BTC)
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Strategy has acquired 1,045 more BTC for $110.2 million, raising its total holdings to 582,000 BTC—worth over $62 billion.
The company’s average purchase price now stands at $70,086, with unrealized gains nearing $21 billion.
Unlike previous purchases funded through common stock, this latest buy was financed by selling over $112 million in perpetual preferred shares—STRK and STRF. The move is part of Strategy’s expanded “42/42” capital plan, targeting $84 billion in funding for Bitcoin accumulation through 2027.
A new preferred share class, STRD, was also introduced, offering a 10% fixed dividend. Saylor hinted at the purchase on social media days earlier.
Strategy continues to lead corporate Bitcoin adoption, now joined by 144 firms, including GameStop and Trump Media. Analysts project corporate BTC treasuries could grow by $330 billion in five years, especially under a crypto-friendly U.S. administration.
Despite trading above its net asset value, Strategy’s low debt and no near-term repayments offer financial flexibility. MSTR is up 25% year-to-date, closing last week at $374.47.
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