BTC $64,758.37 +0.47%
ETH $1,913.59 +2.13%
BNB $593.25 -1.25%
XRP $1.04 -1.47%
SOL $73.36 -0.88%
TRX $0.3273 -0.01%
DOGE $0.0690 -1.09%
ADA $0.2028 +5.92%
BCH $212.91 -0.31%
LINK $8.23 +0.81%
HYPE $55.82 -2.77%
AAVE $88.91 -2.33%
SUI $0.6751 -2.24%
XLM $0.1623 -2.82%
ZEC $496.60 -4.32%
BTC $64,758.37 +0.47%
ETH $1,913.59 +2.13%
BNB $593.25 -1.25%
XRP $1.04 -1.47%
SOL $73.36 -0.88%
TRX $0.3273 -0.01%
DOGE $0.0690 -1.09%
ADA $0.2028 +5.92%
BCH $212.91 -0.31%
LINK $8.23 +0.81%
HYPE $55.82 -2.77%
AAVE $88.91 -2.33%
SUI $0.6751 -2.24%
XLM $0.1623 -2.82%
ZEC $496.60 -4.32%

Strategy The funds for this increase in BTC holdings come from the sale of 519.5 million dollars in stocks

2025-06-30 20:29:25

According to ChainCatcher news and The Block report, the acquisition funds for Strategy's recent purchase of 4,980 bitcoins (totaling $531.9 million) come from the sales of its Class A common stock MSTR, convertible preferred stock STRK, and perpetual preferred stock STRF through ATM (at-the-market) offerings.

Last week, Strategy sold 1,354,500 shares of MSTR stock for approximately $519.5 million. The company stated that as of June 29, there remains $18.1 billion worth of MSTR stock available for issuance and sale under this plan.

Strategy also sold 276,071 shares of STRK stock for about $28.9 million, with $20.5 billion worth of STRK stock still available for issuance and sale under this plan. Meanwhile, the company sold 284,225 shares of STRF stock for $29.7 million, with a remaining quota of $1.9 billion under this plan.

Strategy's STRK and STRF perpetual preferred stocks have ATM issuance plans of $21 billion and $2.1 billion, respectively, which are supplementary to the company's "42/42" plan. The "42/42" plan aims to raise $84 billion through equity issuance and convertible notes for bitcoin acquisitions (originally a $42 billion plan, which was expanded after the equity portion was exhausted), with a target completion deadline of 2027.

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