Michael Saylor's Strategy Inc. Expands Bitcoin Holdings to Over 4% of Total Supply
Michael Saylor Ups Bitcoin Holdings To 4% Of Supply As Strategy Buys For $2 Billion

Image: Benzinga
Strategy Inc. (NASDAQ:MSTR) has acquired 24,869 Bitcoin for approximately $2.01 billion, increasing its total holdings to 843,738 BTC, which now represents over 4% of Bitcoin's total supply. The acquisitions were funded through sales of Class A common stock and preferred stock, with significant backing from investor interest in the preferred stock offering.
- 01Strategy Inc.'s total Bitcoin holdings now amount to 843,738 BTC, acquired at an average price of $75,700 per coin.
- 02The company funded its latest Bitcoin purchases through sales of 430,344 MSTR shares for about $83.7 million and 19,519,801 STRC shares for $1.95 billion.
- 03The STRC preferred stock, offering an annualized rate of 11.5%, is becoming a key driver for Bitcoin acquisitions.
- 04Donald Trump and his family disclosed purchases of Strategy Class A shares in Q1, with significant investments in crypto stocks.
- 05Strategy plans to buy back $1.5 billion in zero-coupon convertible notes, indicating potential funding sources for future acquisitions.
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Strategy Inc. (NASDAQ:MSTR) has significantly increased its Bitcoin holdings by purchasing 24,869 Bitcoin for approximately $2.01 billion, bringing its total to 843,738 BTC, which constitutes over 4% of Bitcoin's total supply cap of 21 million. The company acquired these assets at an average price of $75,700 per coin, resulting in an estimated $1.4 billion in paper gains at current market values. The recent acquisitions were financed through the sale of 430,344 shares of Class A common stock for about $83.7 million and 19,519,801 shares of perpetual preferred stock (STRC) for $1.95 billion. STRC, which offers an 11.5% annualized dividend rate, has emerged as a critical funding source for these Bitcoin purchases, with analysts noting that strong demand for STRC may lead to ongoing buying pressure. Additionally, the Trump family disclosed their purchase of Strategy shares in the first quarter, highlighting growing interest in the company. Strategy is also looking to buy back $1.5 billion in zero-coupon convertible notes, indicating a strategic move to manage its debt while potentially funding further Bitcoin acquisitions.
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