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Strategy Buys 22,337 Bitcoin for $1.57 Billion, Lifting Holdings to 761,068 BTC

The company financed most of the purchase with preferred stock, indicating a shift in how it raises capital for continued accumulation.

Overview

  • An SEC filing shows Strategy funded the buy using STRC preferred and MSTR at-the-market programs, with roughly $1.18 billion raised via STRC versus $396 million from common stock.
  • The latest acquisition takes Strategy’s stack to about 3.8% of circulating bitcoin, with total purchases of roughly $57.61 billion at an average cost of $75,696 per coin.
  • STRC carries an 11.5% dividend and the new issuance adds about $135 million in annual obligations, pushing total annual dividends above $1 billion with around $2.25 billion in USD reserves set aside.
  • Benzinga estimates the firm holds about $1.7 billion in unrealized losses at current prices, while buying below its blended cost reduces the overall average.
  • Bitmine reported adding 60,999 ETH, bringing its holdings to 4,595,562 ETH with about 3.04 million staked, and disclosed a 5,000 ETH purchase from the Ethereum Foundation plus a larger Eightco stake supporting an ORBS OpenAI equity buy.