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Strategy Adds 430 Bitcoin for $51.4M, Holdings Hit 629,376 BTC
Strategy – The Bitcoin treasury powerhouse Strategy has once again flexed its accumulation muscles, announcing the purchase of an additional 430 Bitcoin for $51.4 million, pushing its total holdings to an staggering 629,376 BTC as of Monday. The company paid an average of $119,666 per Bitcoin in this latest buying spree, maintaining its position as the world’s largest publicly traded Bitcoin holder.
Multi-Billion Dollar Funding Machine Powers Latest Purchase
Strategy’s latest Bitcoin acquisition was funded through proceeds from its sophisticated at-the-market preferred programs. Between August 11 and August 17, the company executed a series of strategic stock sales across multiple preferred series, generating substantial capital for its ongoing Bitcoin accumulation campaign.
The funding breakdown reveals the company sold 179,687 shares of its Series A Perpetual Strike (STRK) for $18.0 million face value, netting $19.3 million in proceeds. Additionally, Strategy moved 162,670 STRF shares for $16.3 million face value and $19.0 million net, while disposing of 140,789 shares of its Series A Perpetual Stride (STRD) offering for $14.1 million face value and $12.1 million net proceeds.
Massive Capital Capacity Remains Untapped
According to the company’s Form 8-K filing with the SEC, Strategy still maintains enormous funding capacity across its various programs. As of August 17, remaining capacity stood at $17.04 billion for Common shares, $20.43 billion for STRK, $1.85 billion for STRF, $4.17 billion for STRD, and $4.20 billion for STRC.
The preferred stock programs offer attractive yields to investors, with STRK paying an 8.00% coupon while STRF and STRD each deliver 10.00% as perpetual preferreds. These programs support Strategy’s ambitious “42/42” plan targeting $84 billion of equity and convertible notes for Bitcoin acquisitions through 2027.
Paper Profits Soar to $26.2 Billion
Five years after its first Bitcoin purchase in 2020, Strategy now controls approximately $72.4 billion in BTC at current market prices. The company acquired this massive stash at an average cost of $73,320 per coin for a total investment of roughly $46.2 billion, leaving it sitting on about $26.2 billion in unrealized gains.
