Strategy Inc. announced the acquisition of 4,603 bitcoins for an aggregate price of $369.7 million between August 24 and August 30, 2026. The purchase was funded by its at-the-market (ATM) program, which raised $602.8 million in net proceeds from the sale of common stock during the same period. The company also used proceeds to repurchase $151.8 million of its preferred stock.
Key Details
- Bitcoin Acquisition: Purchased 4,603 bitcoins for $369.7 million at an average price of $80,318 per BTC.
- Total Holdings: As of August 30, 2026, total holdings increased to 845,050 bitcoins, acquired for an aggregate cost of $63.73 billion, reflecting an average price of $75,412 per BTC.
- Capital Raise: The company sold 4,531,421 shares of Class A Common Stock (MSTR) under its ATM program, generating $602.8 million in net proceeds.
- Share Repurchase: The company also utilized ATM proceeds to repurchase 1,557,177 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for $151.8 million.