Strategy Expands Bitcoin Holdings to 629,376 BTC Amid Market Downturn and Updated Capital Guidance

  • Strategy acquired 430 BTC for $51.4 million, expanding its treasury to 629,376 BTC, nearly 3% of total Bitcoin supply.

  • Stock sale proceeds from STRK, STRF, and STRD raised over $50 million, funding Strategy’s third straight weekly Bitcoin purchase.

  • Updated capital guidance enables flexible share issuance tied to mNAV levels, balancing acquisitions, debt payments, and potential buybacks.

Strategy has expanded its Bitcoin holdings with a recent purchase of 430 BTC for $51.4 million. This move underscores its commitment to Bitcoin investment amid market fluctuations. Learn more about Strategy’s Bitcoin strategy.

What is Strategy’s Recent Bitcoin Purchase?

Strategy, formerly known as MicroStrategy, has purchased 430 BTC for $51.4 million, bringing its total holdings to 629,376 BTC. This represents nearly 3% of Bitcoin’s circulating supply, highlighting the company’s significant investment in cryptocurrency.

How Did Strategy Fund This Acquisition?

The recent acquisition was funded through proceeds from stock sales, totaling over $50 million. Strategy raised $19.3 million from STRK shares, $19 million from STRF shares, and $12.1 million from STRD shares. This marks the company’s third consecutive weekly Bitcoin purchase, following the acquisition of 155 BTC last week.


Frequently Asked Questions

How much Bitcoin does Strategy currently hold?

Strategy currently holds a total of 629,376 BTC, which is approximately 3% of the total Bitcoin supply.

Why is Strategy buying more Bitcoin?

Strategy is increasing its Bitcoin holdings to capitalize on long-term growth potential, despite recent market downturns.

Key Takeaways

  • Recent Purchase: Strategy acquired 430 BTC for $51.4 million, expanding its treasury.
  • Funding Sources: The acquisition was funded through stock sales, raising over $50 million.
  • Market Strategy: Updated capital guidance allows for flexible share issuance based on mNAV levels.

Conclusion

Strategy’s recent Bitcoin purchase reflects its ongoing commitment to cryptocurrency investment. With a total of 629,376 BTC, the company is well-positioned to navigate market fluctuations. As Bitcoin continues to show long-term growth potential, Strategy’s approach may serve as a model for other investors.

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