TLDR
- MSTR Buys 220 BTC Near Peak, Pushes Holdings to 640K With Bold ATM-Fueled Move
- Strategy Inc. Adds $27M in BTC, Solidifies Top Spot in Corporate Crypto Race
- MSTR’s Bitcoin Treasury Hits 640,250 BTC With $27M Buy via Equity Programs
- Bitcoin at the Core: Strategy Inc. Amps Up Holdings With Aggressive ATM Use
- MSTR Converts Equity to Crypto, Buys 220 BTC Amid Market Turbulence
Strategy Inc. (MSTR) surged 2.24% to $311.61 by late morning, rebounding after a brief dip in early trading.
The rally followed confirmation of a new 220 BTC acquisition, adding $27.2 million in Bitcoin to its treasury. This move marks another aggressive step in the company’s growing commitment to cryptocurrency reserves.
The latest purchase was made during the week of October 6–12, at an average of $123,561 per BTC. Despite Bitcoin’s flash crash on October 12, Strategy executed its buy near peak levels, showing confidence in long-term positioning. This addition raised Strategy’s total Bitcoin holdings to 640,250 BTC.
The firm’s entire Bitcoin portfolio now carries a total cost basis of $47.38 billion, averaging $74,000 per coin. This places Strategy among the largest public holders of Bitcoin globally, underscoring the consistency of its treasury strategy. The approach combines aggressive equity financing and systematic digital asset accumulation.
ATM Programs Fuel Bitcoin Accumulation Strategy
Strategy funded its latest Bitcoin acquisition using proceeds from three At-The-Market (ATM) equity programs—STRF, STRK, and STRD. The combined programs raised $27.3 million in the same reporting period, closely matching the funds spent on Bitcoin. This seamless conversion reflects a structured financial strategy aimed at building digital reserves.
The STRF ATM, tied to the 10.00% Series A strife preferred stock, sold 170,663 shares, generating $19.8 million. The STRK ATM, backed by the 8.00% Series A strike preferred stock, added $1.7 million from 16,873 shares. STRD, tied to the 10.00% Series A stride stock, raised $5.8 million by selling 68,775 shares.
These financing vehicles have become central to Strategy’s Bitcoin expansion model. The equity-to-crypto flow remains well-coordinated, ensuring rapid capital deployment. With ATM programs now established tools, further activity is expected as market volatility presents buying opportunities.
Future Issuance Capacity Reinforces Expansion Outlook
As of October 12, Strategy retained significant capacity across equity classes for future issuance. The company had $1.7 billion, $4.1 billion, $20.3 billion, and $15.9 billion available for STRF, STRD, STRK, and MSTR respectively. These figures suggest Strategy is well-positioned for additional crypto purchases under favorable market conditions.
The strategic use of capital markets allows flexible responses to price shifts. It also ensures continued growth in BTC holdings without relying on debt or external funding. This proactive structure enables the firm to react swiftly when Bitcoin reaches key technical or psychological levels.
As Bitcoin hit an all-time high above $126,200 on October 6, Strategy acted quickly before the October 12 drop. The move also followed a 196 BTC purchase in September, marking consistent weekly accumulation. Strategy’s yield on BTC per share has reached 25.9% year-to-date, further strengthening its balance sheet performance.
Bitcoin Remains Core to Strategy’s Vision
Michael Saylor reaffirmed the company’s strong Bitcoin stance during market turbulence. He emphasized the asset’s independence amid global trade policy shifts. As market narratives shift, Strategy positions itself as a frontrunner in digital reserve asset adoption.
The firm’s continued expansion in BTC holdings signals institutional commitment to blockchain-based finance. Strategy’s bold play reinforces confidence in Bitcoin’s long-term potential as a store of value. With a unique blend of equity finance and digital asset strategy, Strategy sets the pace in corporate treasury innovation.
