Strategy has significantly increased its Bitcoin portfolio by acquiring 4,980 BTC for $531.9 million, executed at an average price of $106,801 per coin. This strategic purchase elevates the firm’s total holdings to 597,325 BTC, maintaining an average cost basis of $70,982 across its cryptocurrency assets.
The acquisition was financed exclusively through preferred stock offerings under the STRK and STRF At-The-Market (ATM) programs. This funding approach enables capital accumulation without impacting operational cash flows while demonstrating institutional appetite for crypto-backed equity structures.
Concurrently, Strategy and its executives Phong Le and Andrew Kang face legal challenges regarding alleged insufficiency in Bitcoin risk disclosures and regulatory compliance protocols. These proceedings highlight increasing regulatory scrutiny surrounding corporate cryptocurrency holdings.
Despite legal headwinds, Strategy has achieved a 19.7% year-to-date yield on its Bitcoin investments, cementing its position among the largest corporate holders of the cryptocurrency. The firm’s continued expansion of Bitcoin exposure remains contingent on effective navigation of both financial and regulatory landscapes.