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4d ago

Strategy Discloses $76.6 Million Bitcoin Buy, Files $44.1 Billion At-the-Market Programs

The enlarged stock sale capacity signals continued funding for weekly purchases toward a one million‑coin goal by late 2026.

'Orange March continues' - Michael Saylor's Bitcoin buys continue despite 'extreme fear'
Michael Saylor, executive chairman of Strategy.
Strategy
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Overview

  • Strategy said Monday it bought 1,031 bitcoin for $76.6 million using at-the-market sales of its common stock.
  • The company simultaneously filed new at-the-market programs totaling about $44.1 billion, including $21 billion for MSTR shares, $21 billion for STRC preferred, and $2.1 billion for STRK preferred.
  • At-the-market programs let the company drip shares into daily trading to raise cash, and it added Moelis, A.G.P., and StoneX to bring its placement agent roster to 19.
  • The latest purchase lifted holdings to 762,099 BTC at an average cost of about $75,694 per coin, leaving a multi‑billion‑dollar unrealized loss with bitcoin near $70,000.
  • Recent weeks show a variable funding mix and pace, with earlier billion‑dollar buys leaning on STRC preferred that pays roughly 11.5% in dividends, which avoids equity dilution but adds fixed payouts, while this week’s smaller buy used only common stock.