According to an SEC 8-K filing, Strategy purchased 24,869 BTC with a total value of approximately $2.01 billion between May 11 and May 17, at an average price of $80,985 per bitcoin. This purchase increased the total amount of bitcoin held by the company to 843,738 BTC, with a market value of around $65.3 billion, accounting for more than 4% of Bitcoin's fixed supply cap of 21 million.


The purchase was financed through the sale of Strategy's Class A common stock via at-the-market (MSTR) offering and perpetual preferred stock (STRC). Revenue from the MSTR sale generated $83.7 million from 430,344 shares sold, while revenue from STRC contributed $1.95 billion from 19,519,801 shares, making preferred equity the primary source of funding.
BTC-0.41%
MSTR-3.01%
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