Strategy Acquires 4,020 Bitcoin for $427 Million, Total Reaches 580,250 BTC

Strategy (MSTR) has acquired 4,020 BTC for approximately $427 million, increasing its total holdings to 580,250 BTC.

The acquisition was funded through three at-the-market equity programs. Between May 19 and May 25, Strategy sold:

847,000 shares of common stock for $348.7 million
678,970 shares of STRK preferred stock for $67.9 million
104,423 shares of STRF preferred stock for $10.4 million

These offerings have a combined capacity of nearly $45 billion and are part of the company's bitcoin accumulation strategy. The average purchase price for the recent acquisition was $106,237 per coin, bringing the total investment in bitcoin to $40.61 billion, with an average price of $69,979 per coin.