Strategy Acquires 390 Bitcoin for $43 Million Bringing Total Holdings to 640,808 Bitcoin


Strategy Acquires 390 Bitcoin for  Million Bringing Total Holdings to 640,808 Bitcoin



Strategy, a publicly traded company with the largest corporate Bitcoin holdings, has purchased an additional 390 Bitcoin for approximately $43.4 million, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). 

The acquisitions occurred between October 20th and October 26th at an average price of $111,117 per Bitcoin.

The company stated that the purchases were funded through proceeds from the issuance and sale of its perpetual preferred stock. 

Following this acquisition, Strategy holds a total of 640,808 Bitcoin, acquired for approximately $47.4 billion at an average price of $74,032 per Bitcoin, including fees and expenses. 

At current market prices of around $115,000 per Bitcoin, the company’s holdings are valued at roughly $73.7 billion.

Strategy continues to utilize its series of perpetual preferred stock programs—STRK, STRC, STRF, and STRD—as part of its ongoing capital-raising initiatives for Bitcoin acquisitions. 

These programs are included within the firm’s “42/42” plan, which targets a cumulative $84 billion in equity and convertible debt financing by 2027. 

The plan was expanded from a previous “21/21” initiative after the earlier equity allocations were fully used.

According to the filing, Strategy recently sold 191,404 STRK shares for approximately $17 million, 175,634 STRF shares for about $19.4 million, and 87,462 STRD shares for roughly $7 million. 

Remaining capacities under these respective programs stand at $20.35 billion for STRK, $1.67 billion for STRF, and $4.14 billion for STRD. 

No sales were recorded for the company’s Class A common stock (MSTR) or its Stretch preferred stock (STRC), with $15.91 billion and $4.2 billion still available under those authorizations.





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