Strategy Reports $110 Million Bitcoin Purchase Amid Stock Offering and Near All-Time High Prices

• Strategy continues its aggressive Bitcoin accumulation, adding 1,045 BTC worth $110.2 million to its portfolio, reinforcing its position as a leading institutional holder.

• This acquisition brings Strategy’s total Bitcoin holdings to an impressive 582,000 BTC, acquired at an average price of approximately $70,086 per coin, underscoring a long-term bullish stance.

• According to a recent filing with the US Securities and Exchange Commission, Strategy’s co-founder Michael Saylor confirmed this marks the ninth consecutive week of Bitcoin purchases, signaling sustained confidence in the asset.

Strategy boosts Bitcoin holdings by 1,045 BTC amid near all-time high prices, backed by a $1 billion stock offering to fund further acquisitions and corporate growth.

Strategy’s $1 Billion Stock Offering Fuels Bitcoin Accumulation

In a bold move to expand its Bitcoin treasury, Strategy announced a $1 billion stock offering, significantly increasing from its initial $250 million target. This capital raise is structured through the issuance of 11.76 million shares of its 10.00% Series A Perpetual Stride Preferred Stock, priced at $85 per share. After underwriting and related expenses, the firm anticipates net proceeds close to $979 million. These funds are earmarked primarily for additional Bitcoin purchases and to support corporate operations, reflecting Strategy’s commitment to scaling its digital asset holdings.

Attracting Institutional Investors with Yield-Generating Preferred Stock

Distinct from prior fundraising efforts, this stock offering features non-cumulative dividends at a 10% rate, tailored to attract institutional and professional investors seeking steady income streams alongside exposure to Bitcoin. This strategic financial instrument enhances Strategy’s appeal in capital markets, providing a compelling blend of yield and growth potential amid a volatile crypto landscape.

Bitcoin Price Nears Record Highs, Supporting Strategy’s Acquisition Momentum

Bitcoin’s price momentum plays a critical role in Strategy’s ongoing accumulation strategy. Trading at approximately $107,640 at the time of the latest filing, Bitcoin remains just 3.9% below its all-time high of nearly $112,000 reached in May. This proximity to peak levels reinforces confidence in Bitcoin’s long-term value proposition and validates Strategy’s consistent buying approach over the past nine weeks.

Market Context and Strategic Positioning

Strategy’s persistent accumulation amid near-record Bitcoin prices highlights a calculated risk tolerance and conviction in the asset’s future appreciation. This approach contrasts with more cautious market participants and positions Strategy as a dominant player leveraging institutional capital to capitalize on Bitcoin’s growth trajectory. The firm’s average acquisition price of $70,086 per BTC further illustrates its long-term investment horizon and resilience through market fluctuations.

Conclusion

Strategy’s latest Bitcoin purchase and substantial $1 billion stock offering underscore its unwavering commitment to expanding its digital asset portfolio. By combining aggressive accumulation with innovative financing mechanisms, Strategy solidifies its leadership in institutional Bitcoin investment. As Bitcoin hovers near all-time highs, Strategy’s actions exemplify a strategic blend of confidence and financial acumen, setting a benchmark for institutional participation in the cryptocurrency market.