Defx Insights

Strategy Acquires $765M Bitcoin: Corporate Holdings Surge to 576K BTC

Written by

Defx Intern

in

Strategy Acquires $765M Bitcoin: Corporate Holdings Surge to 576K BTC

In a significant move that underscores growing institutional confidence in Bitcoin, Strategy has announced the acquisition of 7,390 BTC worth approximately $764.9 million. This latest purchase, made at an average price of $103,498 per coin, comes amid Bitcoin’s critical price positioning around $103K.

Strategic Acquisition Details

The purchase, executed between May 12 and May 18, was funded through a sophisticated combination of stock offerings:

  • $705.7 million raised through ATM offering of Class A common stock
  • $59.7 million generated from issuing 621,555 shares of Series A STRK preferred stock

SPONSORED

Trade Bitcoin with up to 100x leverage and maximize your profit potential

Trade Now on Defx

Portfolio Impact and Market Position

This strategic move has significantly enhanced Strategy’s Bitcoin position:

  • Total holdings: 576,230 BTC
  • Current market value: ~$59 billion
  • Average purchase price: $69,726 per coin
  • Total investment: $40.18 billion

Legal Challenges and Market Response

The acquisition comes as Strategy faces a class action lawsuit filed on May 16 in Virginia’s Eastern District Court. The lawsuit alleges inadequate risk disclosure regarding the company’s Bitcoin-focused strategy. However, Strategy maintains its commitment to “vigorously defend against these claims.”

Future Expansion Plans

Strategy’s aggressive expansion continues through two major ATM offerings:

  • $21 billion common stock program (May 1, 2025)
  • $21 billion preferred stock program
  • Remaining availability: $18.98 billion (common stock) and $20.79 billion (preferred stock)

Market Impact and Analysis

This purchase aligns with broader trends in corporate finance transformation through Bitcoin treasury strategies, potentially influencing other institutional players to follow suit.

FAQ Section

What is Strategy’s total Bitcoin investment?

Strategy has invested $40.18 billion in Bitcoin, with an average purchase price of $69,726 per coin.

How many Bitcoin does Strategy currently hold?

Strategy now holds 576,230 BTC, worth approximately $59 billion at current market prices.

What funding methods did Strategy use for this purchase?

The purchase was funded through a combination of ATM offerings, including Class A common stock and Series A STRK preferred stock issuance.

More NEWS