Coinspeaker
12 hour ago
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Strategy Acquires 487 BTC for $49.9M, Holdings Reach 641,692 Bitcoin

Strategy Inc Acquires 487 BTC:

  • Between Nov. 3 and Nov. 9, Strategy Inc purchased 487 [Bitcoin](https://holder.io/coins/btc/) at an average price of $102,557 per Bitcoin.
  • The total expenditure was approximately $49.9 million.

Funding and Stock Sales:

  • The acquisition was financed through the company's at-the-market offering program, which raised $50 million in net proceeds.
  • The funds were generated from sales of four preferred stock types: STRF ($18.3M), STRC ($26.2M), STRK ($4.5M), and STRD ($1M).

Bitcoin Holdings and Financial Performance:

  • Total Bitcoin holdings increased to 641,692 BTC.
  • Total spend on all acquisitions is $47.54 billion, with an average purchase price of $74,079 per Bitcoin.
  • Company chairman Michael Saylor reported a BTC Yield of 26.1% year-to-date in 2025.

Valuation and Capital Raising Activities:

  • At Bitcoin's closing price of $105,697.30 on Nov. 10, Strategy's holdings are valued at approximately $67.83 billion.
  • This represents an unrealized gain of around $20.29 billion compared to the aggregate purchase price.
  • Recent capital raising includes a euro-denominated STRE stock offering targeting European investors.

Future Capacity and Criticism:

  • The company has over $26 billion in ATM capacity remaining for future purchases.
  • Preferred stock usage avoided dilution of common shareholders, a strategy met with mixed reviews.
  • Strategy remains the largest corporate Bitcoin holder globally.