Strategy Expands Bitcoin Holdings by 705 BTC, Lifts Total BTC Stash to Over $61B

Strategy (MSTR) has expanded its bitcoin

holdings with the purchase of an additional 705 $BTC for approximately $75 million, bringing the company’s total bitcoin holdings to 580,955 $BTC.

This latest acquisition was made at an average price of $106,495 per bitcoin, which adjusts the company’s overall average purchase price to $70,023 per bitcoin.

To fund this purchase, Strategy utilized a series of at-the-market (ATM) equity offerings, drawing from the perpetual preferred share classes $STRK and STRF.

Between May 26 and June 1, the company raised capital by selling 353,511 shares of $STRK preferred stock for $36.2 million and 374,968 shares of STRF preferred stock for $38.4 million.

At the current market price of $104,000 per bitcoin, the company's total bitcoin holdings are now valued at roughly $60 billion, reinforcing its position as the largest corporate holder of bitcoin and underlining its continued commitment to bitcoin as a core treasury asset.