Strategy Expands Bitcoin Holdings With $835.6M Purchase

Strategy has continued its active Bitcoin (BTC) purchase, acquiring an additional 8,178 BTC between November 10 and November 16. According to a recent filing with the Securities and Exchange Commission (SEC), this purchase is worth about $835.6 million, with an average price of $102,171 per Bitcoin.

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Strategy Now Holds 649,870 BTC

With this new purchase, Strategy now owns 649,870 BTC, valued at around $61.7 billion at current market prices. The average purchase price is $74,433 per BTC, totaling $48.4 billion, including fees and expenses.

According to a post on X

, the latest Bitcoin purchase was funded through proceeds generated from the issuance and sale of Strategy’s perpetual preferred stock. This includes Strategy’s Class A common stock (MSTR) and its perpetual preferred stocks STRK, STRF, STRC, and STRD. No doubt, this approach reflects the company’s growing reliance on innovative financial instruments to sustain its aggressive Bitcoin acquisition strategy.

With Bitcoin’s supply at 21 million, Strategy now holds more than 3% of all Bitcoins. Likewise, the company’s portfolio revealed about $13.3 billion in unrealized gains at current market prices. This move further reinforces the firm’s reputation as the most Bitcoin-focused public company worldwide.

Strategy Expands Its BTC Holdings as Market Recovers

About a week ago, the U.S.-based software intelligence company added 487 BTC to its portfolio. This move comes as Bitcoin prices rebound and MSTR begins to recover after weeks of decline.

The announcement follows the company’s plan to raise $715 million through its STRE stock, intended for further Bitcoin acquisitions. As reported by BitcoinLinux, the company also added 397 BTC, approximately $45.6 million, to its stash. The firm aims to raise a total of $84 billion in equity and convertible notes for Bitcoin purchases through 2027, doubling the initial 21/21 plan.

Strategy Boosts Its Bitcoin Holdings

Meanwhile, the crypto treasury firm has officially filed for an initial public offering of a euro-dominated perpetual stock. This is part of its plan to expand its Bitcoin reserves. Strategy announced its intention to issue 3.5 million shares under the ticker STRE, with the proceeds used to purchase additional BTC.

The stock, which will offer a 10% annual cumulative dividend, will be paid quarterly beginning December 31. However, Strategy clarified that the shares will be available exclusively to qualified investors in the European Union and the United Kingdom. The company also stated that it will not be “offered, sold, or otherwise made available to any retail investor” in those markets.

Ultimately, this reinforces Strategy’s unique approach to corporate finance, one pioneered by founder Michael Saylor in 2020.

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