Strategy Expands Bitcoin Holdings With $49.9 Million Purchase


Strategy Expands Bitcoin Holdings With .9 Million Purchase



Strategy disclosed the acquisition of an additional 487 Bitcoin, according to a recent filing with the U.S. Securities and Exchange Commission. 

The purchases took place between November 3rd and November 9th for a total of approximately $49.9 million in cash, at an average price of $102,557 per Bitcoin, including fees and expenses.

Following this transaction, the company’s total Bitcoin holdings increased to 641,692 Bitcoin, acquired at an aggregate cost of roughly $47.54 billion, with an average purchase price of $74,079 per Bitcoin. 

Strategy remains the largest publicly traded company holding Bitcoin as part of its corporate treasury.

According to the filing, the purchase was funded through proceeds from the sale of several perpetual preferred stock series under the firm’s at-the-market program. 

Between November 3rd and November 9th, Strategy raised approximately $50 million in net proceeds from four preferred stock offerings: Series A STRF, STRC, STRK, and STRD. No new common stock was issued during this period.

The company continues to use its preferred stock program to support Bitcoin acquisitions while maintaining its capital structure. 

The filing also indicates that over $15.8 billion in Class A common stock remains available for issuance, leaving capacity for potential future transactions.

Strategy’s Bitcoin holdings were valued at more than $67 billion at prevailing market prices.





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