Bitcoin (BTC) Proxy Firm Formerly Known as MicroStrategy Expands Holdings by 4,020 Coins

In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company revealed it purchased an additional 4,020 BTC for $427.1 million

Strategy, the Bitcoin (BTC) proxy firm formerly known as MicroStrategy and founded by Bitcoin bull Michael Saylor, announced a significant new acquisition of the market’s leading cryptocurrency on Monday.

Strategy Capitalizes On Significant New BTC Acquisition

In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company disclosed that it purchased an additional 4,020 BTC for $427.1 million, translating to an average price of $106,237 per token.

This acquisition follows Bitcoin's surge to a new record high close to $112,000 last week, fueled by renewed inflows into Bitcoin exchange-traded funds (ETFs) and favorable regulatory developments touted by President Trump's administration.

Saylor shared the news on social media platform X (formerly Twitter), highlighting that the latest purchase brings Strategy's total Bitcoin holdings to approximately 580,250 BTC, acquired for a total investment of $40.6 billion, at an average price of $69,979 per token.

He stated:

"As we continue to capitalize on the blockchain revolution and build a Bitcoin-backed financial infrastructure, we are pleased to announce that Strategy has completed the purchase of 4,020 bitcoins for approximately $427.1 million in cash."

As Strategy continues its aggressive Bitcoin accumulation strategy, the company is also planning to raise additional capital to further enhance its holdings.

$7.7 Billion Gain From Bitcoin Investments

As reported by NewsBTC last Friday, Strategy announced the launch of a $2.1 billion At-The-Market (ATM) equity program for its preferred stock, Strife (STRF), which was described as a crucial step toward the firm's long-term goal of establishing a strong Bitcoin-backed financial infrastructure.

During an investor update, CEO Phong Lee, along with Executive Chairman Saylor, highlighted the impressive year-to-date performance of the firm's Bitcoin-linked securities, Strike (STRK) and Strife, as key factors driving this expansion.

Lee noted, "We’re currently at a 16.3% BTC yield for the year, against a 25% target," showcasing the firm's ambitious goals. To date, Strategy has achieved a dollar gain of $7.7 billion from its Bitcoin investments and is aiming for a target of $15 billion.

The company had previously issued $212 million through Strike's ATM program without encountering any adverse pricing pressure. Considering the high trading volume and strong investor demand, Lee expressed optimism that the $2.1 billion Strife ATM could be executed with similar success.

In contrast to its other offerings, Strike is designed for "Bitcoin-curious" investors, featuring an 8% coupon and potential upside through Bitcoin conversion. Saylor described it as a "Bitcoin fellowship with a stipend," catering to a different risk profile.

Currently, Strategy operates three ATM programs: $21 billion each for MicroStrategy (MSTR) equity and Strike, and $2.1 billion for Strife. These programs are rebalanced daily, enabling the company to adjust its issuance based on market conditions, volatility, and investor appetite.

At the time of writing, BTC is attempting to consolidate above the key $109,370 mark, which could create a new support level and pave the way for new highs in the coming weeks. Year-to-date, the cryptocurrency has experienced a surge of 56%.