Strategy ($MSTR) Sells $257 Million in Stock to Buy 2,932 Bitcoin

Strategy announced it purchased 2,932 Bitcoin for approximately $264 million between January 20 and January 25, at an average price of $90,061 per coin. These purchases were funded by proceeds from selling $257 million in Class A common stock (MSTR) and $7 million in perpetual preferred stock (STRC) through its at-the-market (ATM) offering program. This acquisition brings Strategy's total Bitcoin holdings to 712,647 BTC, valued at about $62.5 billion at current market prices, solidifying its position as the largest publicly traded corporate holder. The company's average acquisition cost is $76,037 per Bitcoin, resulting in an estimated $8.3 billion in unrealized gains. Furthermore, Strategy recently benefited from MSCI's decision not to exclude companies with significant Bitcoin holdings from its major global equity indexes.

(Source：Bitcoin Magazine)