Strategy Surpasses 800,000 Bitcoin Milestone with $2.5 Billion Acquisition

Strategy has significantly increased its Bitcoin holdings, acquiring 34,164 BTC for approximately $2.54 billion between April 13 and April 19. This latest move pushes the company's total treasury to 815,061 BTC, representing a total investment of $61.56 billion. The purchase marks the third-largest single acquisition in the company's history by coin count. The average price for this specific batch was $74,395 per Bitcoin, which sits slightly below the firm's overall average acquisition cost of $75,527. To finance the expansion, Strategy utilized a combination of equity and debt. The majority of the capital—$2.18 billion, or 85.7% of the total—was raised via 'Stretch' (STRC), the company's perpetual preferred security. An additional $366 million was generated through the sale of Class A common stock (MSTR). The buying period was characterized by unprecedented daily volume. On April 13 and 14, the company executed record-breaking purchases through its at-the-market (ATM) program, acquiring an estimated 17,204 BTC over those two days alone, representing a 518% surge over the four-week average. Alongside the purchase, the company announced plans to implement semi-monthly dividend payments for STRC holders. CEO Phong Le noted that this frequency would make the security unique among global preferred offerings, enhancing its attractiveness to investors.