BTC $64,302.40 +1.12%
ETH $1,902.21 -0.02%
BNB $604.34 -0.27%
XRP $0.9977 -0.74%
SOL $75.89 +0.08%
TRX $0.3322 -0.06%
DOGE $0.0699 -0.55%
ADA $0.1733 -2.35%
BCH $204.11 -0.59%
LINK $9.48 +0.30%
HYPE $60.00 +1.36%
AAVE $88.96 +2.81%
SUI $0.6497 -4.26%
XLM $0.1549 -2.50%
ZEC $511.02 -1.11%
BTC $64,302.40 +1.12%
ETH $1,902.21 -0.02%
BNB $604.34 -0.27%
XRP $0.9977 -0.74%
SOL $75.89 +0.08%
TRX $0.3322 -0.06%
DOGE $0.0699 -0.55%
ADA $0.1733 -2.35%
BCH $204.11 -0.59%
LINK $9.48 +0.30%
HYPE $60.00 +1.36%
AAVE $88.96 +2.81%
SUI $0.6497 -4.26%
XLM $0.1549 -2.50%
ZEC $511.02 -1.11%

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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