Strategy, formerly MicroStrategy, has strengthened its position as a major Bitcoin holder by purchasing 4,020 BTC for $427.1 million, bringing its total to 580,250 BTC—nearly 3% of the total Bitcoin supply.
The company has invested about $40.61 billion in Bitcoin and is now sitting on $22.7 billion in unrealized gains.
To finance the acquisition, Strategy raised funds by selling stock, including $348.7 million from MSTR shares and additional millions from STRK and STRF preferred stock sales. This aligns with its ambitious “42/42” plan to raise $84 billion for continued Bitcoin purchases through 2027.
Founder Michael Saylor reaffirmed his Bitcoin-first approach with a statement saying he only buys BTC “with money I can’t afford to lose.” Strategy’s aggressive accumulation has inspired more than 70 other firms to adopt similar Bitcoin treasury strategies.
Analysts estimate these moves could drive Bitcoin’s market cap up by $330 billion over the next five years.
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