Overview
- Strategy disclosed in a Monday SEC filing that it bought 4,871 bitcoin between April 1 and April 5 for about $329.9 million at an average price of $67,718, lifting its total to 766,970 BTC.
- Most of the purchase was financed by $227.3 million of sales of STRC, the company’s variable‑rate perpetual preferred stock, with another $72 million raised from common shares.
- STRC is designed to trade near $100 by resetting its dividend each month, which lets Strategy tap income‑seeking investors for cash it then routes into bitcoin buys.
- The company reported a roughly $14.46 billion unrealized first‑quarter loss under fair‑value accounting and booked a $2.42 billion deferred tax benefit tied to that markdown.
- The latest buy followed a one‑week pause confirmed in a Form 8‑K, and with about 3.8% of circulating bitcoin now in its treasury the firm has filed to raise tens of billions more, keeping attention on dilution and preferred‑share obligations.