Corporate technology firm Strategy has significantly expanded its Bitcoin reserves by acquiring an additional 6,220 BTC worth approximately $739 million. This purchase brings the company’s total holdings to more than 607,770 BTC, reinforcing its position as one of the world’s largest corporate holders of the cryptocurrency and signaling continued institutional confidence in digital assets.
The acquisition was exclusively funded through proceeds from the sale of 1.6 million MSTR shares, demonstrating Strategy’s method of leveraging equity markets to finance Bitcoin accumulation. This strategic move immediately influenced market dynamics, boosting MSTR’s stock price by over 2% following the announcement despite marginal weekly losses.
With an average cost basis of approximately $130,000 per Bitcoin across its holdings, Strategy has generated year-to-date returns of 20.8% on its BTC investments. The firm maintains an aggressive accumulation strategy that establishes a blueprint for corporate Bitcoin adoption, systematically balancing acquisition risks by converting equity into cryptocurrency reserves.
Market sentiment remains cautiously optimistic after the announcement. Strategy Chairman Michael Saylor reiterated the company’s unwavering long-term conviction in Bitcoin’s value proposition, emphasizing its importance within corporate treasury strategies. This latest acquisition represents a significant development in institutional cryptocurrency adoption.