Strategy (MSTR) Spends $1.57 Billion To Buy 22,337 Bitcoin

"Strategy purchased another 22,337 bitcoin for about $1.57 billion last week, continuing one of the largest corporate accumulation strategies in the crypto market. The company disclosed in a filing with the U.S. Securities and Exchange Commission that the purchases took place between March 9 and March 13 at an average price of $70,194 per coin."

"The acquisition brings the firm's total holdings to 761,068 bitcoin. Strategy said its cumulative bitcoin holdings were acquired for roughly $57.61 billion at an average price of about $75,696 per coin. At the current price near $74,000, the company's holdings carry a market value close to $50 billion."

"The stash represents more than 3.4% of the fixed 21 million supply of Bitcoin, reinforcing MSTR's status as the largest corporate holder of the asset. The latest purchases were financed through a mix of equity sales and preferred stock issuance."

"The firm also operates several preferred-equity issuance programs tied to its capital-raising strategy. These include at-the-market programs for STRK, STRC, STRF, and STRD totaling $21 billion, $4.2 billion, $2.1 billion, and $4.2 billion respectively. Those offerings sit alongside the company's broader "42/42" initiative, a plan to raise $84 billion through 2027."

MicroStrategy, led by executive chairman Michael Saylor, acquired 22,337 bitcoin between March 9-13 at an average price of $70,194 per coin for approximately $1.57 billion. This purchase increased the company's total holdings to 761,068 bitcoin, acquired cumulatively for roughly $57.61 billion at an average price of $75,696 per coin. At current market prices near $74,000, these holdings carry a market value close to $50 billion, representing more than 3.4% of Bitcoin's fixed 21 million supply. MicroStrategy maintains status as the largest corporate bitcoin holder. The purchases were financed through at-the-market equity sales and preferred stock issuances, including multiple preferred share programs totaling $31.5 billion, alongside a broader "42/42" initiative targeting $84 billion in capital raising through 2027.

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