Strategy Bitcoin holding reaches new high


Key dealers

  • Strategy broke 500,000 BTC threshold after last week’s 6,911 purchases.
  • The acquisition was funded through the company’s joint ATM and Strk ATM initiative.

Strategy, led by Michael Saylor, announced on Monday the acquisition of 6,911 Bitcoin between March 17 and 23 at an average price of $ 84,529 per coin. This latest purchase increases the company’s total Bitcoin holding to approximately 506,000 BTC, valued at approximately $ 44.4 billion at current market prices.

According to a Monday File With Sec funded the strategy the latest BTC purchase with the help of revenue from its “Common ATM” and “Strk ATM” program.

Between March 17 and March 23, the strategy sold 1,975,000 shares of its joint share, giving Nettoprovenu of approximately $ 592 million and 13,100 shares of its 8.00% Serie A Eternal strike, resulting in over $ 1 million in net profit.

Bitcoin Proxy Strategy acquires 6 911 BTCBitcoin Proxy Strategy acquires 6 911 BTC
Source: Strategy

The acquisition came after Tysons, Virginia-based companies revealed plans for issue 8.5 million shares of its “Series A eternal combat -preparation stock”, an increase from the originally planned 5 million. The offer aims to finance further Bitcoin purchases and support operating capital needs.

The series A Perpetual Preferred Stock has a 10% annual dividend rate, payable quarterly cash. Unpaid dividends compound quarterly at escalating prices, up to a maximum of 18% per year. This structure enables strategy to raise capital without diluting the voting rights for joint shareholders.

The share offer was signed by major financial institutions, including Morgan Stanley, Moelis & Co., Citigroup Global Markets and Barclays Capital.

Since the first Bitcoin purchase in 2020, the strategy has steadily expanded its holdings and cemented its status as the largest listed business owner of Cryptocurrency.

Despite Bitcoin’s well -known volatility, the company’s position has estimated at 32%, which corresponds to an unrealized profit of over $ 10.6 billion.

Strategy now has 506,137 BTCStrategy now has 506,137 BTC





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