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ZEC $1,515.53 +3.96%
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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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