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3 months ago
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The fresh acquisition was funded mostly through sales of common stock with sales of preferred shares accounting for a modest proportion.
Updated Jun 30, 2025, 12:14 p.m. Published Jun 30, 2025, 12:07 p.m.
What to know:
- Michael Saylor’s Strategy (MSTR) bought 4,980 bitcoin (BTC) for $531.9 million last week.
- The acquisition was financed through sales of preferred stock.
- The company’s total bitcoin holdings now stand at 597,235 bitcoin acquired for $42.4B, or an average price of $70,982 each.
Strategy (MSTR), the largest publicly traded company holding bitcoin
, boosted its BTC reserves by buying 4,980 BTC for a total of $531.9 million last week.
This addition brings Strategy’s total bitcoin holdings to 597,235 BTC purchased for $42.4 billion, or an average price of $70,982 each. At bitcoin's current price of about $107,500, that stack is worth more than $64 billion.
Strategy financed the purchase through $519 million of common share sales alongside about $59 million of STRK and STRF preferred stock sales.
MSTR shares are up 1.3% premarket.
James Van Straten
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin's role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
