Strategy’s $66.5 Billion Bitcoin Treasury Grows with Another $43M Acquisition

Strategy Bolsters Bitcoin Treasury with Another $43 Million Acquisition, Total Holdings Soar to $66.5 Billion

Strategy (NASDAQ: MSTR), widely recognized as the world’s leading corporate holder of Bitcoin, has once again strategically expanded its substantial digital asset reserves. According to an 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, the company invested approximately $43 million to acquire an additional 535 Bitcoins between May 4 and May 10. These latest purchases were executed at an average price of $80,340 per coin.

This proactive move further solidifies Strategy’s unparalleled commitment to Bitcoin. Michael Saylor, co-founder and Executive Chairman of Strategy, confirmed that the company’s cumulative Bitcoin holdings now stand at an impressive 818,869 BTC, valued at approximately $66.5 billion. Since pioneering its Bitcoin acquisition strategy in 2020, Strategy has invested a cumulative total of approximately $61.9 billion, achieving an average acquisition cost of $75,540 per Bitcoin.

Following this latest round of accumulation, Strategy’s Bitcoin portfolio now boasts an estimated unrealized profit (paper gain) of approximately $4.6 billion. The company’s substantial holdings represent over 3.9% of Bitcoin’s finite total supply of 21 million coins, underscoring the profound scale of its commitment to the digital asset.

The funding for this recent Bitcoin acquisition primarily stemmed from the strategic sale of the company’s common stock (MSTR) and perpetual preferred stock (STRC). Last week, Strategy successfully raised approximately $42.9 million by issuing over 230,000 MSTR shares. As of May 10, the company retains significant financial flexibility, with MSTR stock valued at $26.35 billion still available for future issuance and sale. Additionally, Strategy sold 1,412 shares of STRC, generating approximately $100,000, and has STRC stock worth $19.46 billion available for further issuance.

These ongoing fundraising activities are integral to Strategy’s ambitious “42/42” capital raise plan. This comprehensive strategy aims to secure an impressive $84 billion by 2027 through various equity and convertible debt offerings, all specifically earmarked for the continued acquisition of Bitcoin. The company’s four perpetual preferred stock offerings—STRK, STRC, STRF, and STRD—with issuance sizes of $21 billion, $4.2 billion, $2.1 billion, and $4.2 billion respectively, are key components of this long-term, Bitcoin-centric vision.

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