Strategy Buys 4,048 Bitcoin, Holdings Reach 636,505 BTC After $449M Purchase Funded by MSTR Sales, Legal Win May Support Strategy

• Strategy added 4,048 BTC, spending $449.3M and raising total holdings to 636,505 BTC.

• Funding came from selling 1.23M MSTR shares (~$425.3M) and other asset sales; the purchases continued for a fifth consecutive week.

• Strategy’s legal dismissal of accounting claims removes a key overhang as the company holds over 3% of Bitcoin’s supply.

Strategy Bitcoin purchase: 4,048 BTC bought for $449.3M, funded by MSTR share sales — read the update and implications for investors.

Strategy purchases 4,048 BTC for $449.3 million, increasing its holdings to 636,505 BTC, amid a decline in both Bitcoin and MSTR stock.

• Strategy raised $425.3 million by selling MSTR shares to fund its latest Bitcoin purchase, boosting its holdings to over 636,000 BTC.
• Despite a decline in Bitcoin’s value and MSTR stock, Strategy continues to increase its Bitcoin holdings, reaching over 3% of Bitcoin’s total supply.
• Strategy’s legal victory over dismissed accounting claims provides a boost to its ongoing Bitcoin strategy amid market volatility.

Strategy (formerly MicroStrategy) has added another 4,048 BTC to its treasury, spending $449.3 million on the most recent purchase. This increases its total Bitcoin holdings to 636,505 BTC, acquired at an average price of $73,765 per BTC. The company reports a BTC yield of 25.7% year-to-date (YTD).

To fund the acquisition Strategy sold 1.23 million MSTR shares, generating about $425.3 million, and also sold smaller stakes in STRF and STRK. This is the fifth consecutive week of purchases funded in part by equity sales. The approach keeps Strategy the largest public Bitcoin holder and draws continued investor attention due to its reliance on MSTR liquidity.

What is the impact of Strategy’s latest Bitcoin purchase?

Strategy’s Bitcoin purchase increases market concentration and signals continued institutional accumulation. The addition of 4,048 BTC expands the company’s holdings to roughly 3% of Bitcoin’s circulating supply, reinforcing Strategy’s role as a major institutional buyer during price weakness.

How did Strategy fund the $449.3 million purchase?

Strategy funded the buy primarily by selling 1.23 million shares of MSTR, raising approximately $425.3 million. Additional proceeds came from selling minority positions in STRF and STRK. The company has repeatedly used stock sales as a capital source for Bitcoin acquisitions.

Why did Bitcoin and MSTR share prices fall recently?

Bitcoin’s price retraced after a local peak near $124,000, falling over 12% in the subsequent period. MSTR stock fell more than 15% over the past month, reflecting price sensitivity to Bitcoin moves and investor concerns about dilution and financing methods.

Strategy co-founder Michael Saylor commented publicly during the downturn that the company viewed the pullback as an opportunity. The company’s steady accumulation strategy has pushed its holdings past 3% of the total BTC supply and remains central to its treasury policy.

What changed after the dismissed accounting claims?

Investors received relief when plaintiffs voluntarily dismissed accounting-related claims with prejudice, preventing refiling. That legal resolution removes a material uncertainty over Strategy’s reporting of Bitcoin holdings and supports investor confidence in the company’s disclosure practices.

Management emphasized that the dismissal allows the company to focus on execution of its Bitcoin strategy amid market volatility. Independent auditors and public filings remain primary references for verification of holdings.

Frequently Asked Questions

How many bitcoins does Strategy hold now?

Strategy now reports holding 636,505 BTC after the latest 4,048 BTC purchase, representing over 3% of Bitcoin’s circulating supply.

Did Strategy fund the purchase with MSTR stock sales?

Yes. The company sold 1.23 million MSTR shares to raise about $425.3 million and used additional asset sales to cover the total $449.3 million purchase price.

Is the legal case fully resolved?

Plaintiffs voluntarily dismissed the accounting claims with prejudice, meaning those claims cannot be refiled. This removes a key legal overhang on Strategy.

Key Takeaways

• Purchase scale: Strategy bought 4,048 BTC for $449.3M, totaling 636,505 BTC.
• Funding method: Main funding came from selling 1.23M MSTR shares (~$425.3M) and other asset sales.
• Legal clarity: Dismissal of accounting claims reduces legal risk and supports the company’s Bitcoin narrative.

Conclusion

Strategy’s continued purchases, financed largely through equity sales, reinforce its position as the largest public Bitcoin holder while market volatility pressures both BTC and MSTR prices. With accounting claims dismissed, the company can concentrate on its treasury strategy; investors should monitor BTC price action and MSTR liquidity for near-term developments.