Strategy Acquires 4,980 Bitcoins Worth $531.9M Amid $84 Billion Equity Issuance Plan

Strategy (formerly MicroStrategy) executed a significant bitcoin acquisition on June 30, purchasing 4,980 BTC valued at approximately $531.9 million. This purchase was funded through proceeds from the sale of its Class A common stock (MSTR), convertible preferred stock (STRK), and perpetual preferred stock (STRF) under its at-the-market (ATM) issuance program. Recently, the company liquidated around 1.35 million shares of MSTR, generating roughly $519.5 million in capital.

As of June 29, Strategy still holds a substantial equity reserve, with MSTR shares worth $18.1 billion available for future issuance. Additionally, the firm sold 276,071 shares of STRK for $28.9 million, leaving $20.5 billion in STRK stock available under the ATM plan. The sale of 284,225 STRF shares yielded $29.7 million, with $1.9 billion remaining in the issuance pipeline.

The ATM programs for STRK and STRF stocks are designed to complement Strategy’s broader capital raising framework, which targets $84 billion through equity and convertible note issuances by 2027. This expanded “42/42” plan supports the company’s ongoing strategy to acquire bitcoin in a disciplined, market-driven manner.