Strategy boosts Bitcoin holdings to 580,955 BTC worth $61.4B after $1B stock offering.
$979M expected from 11.76M preferred shares priced at $85 each for BTC buys.
Strategy’s BTC stash is now 12x larger than Mara and exceeds US and China reserves combined.
Strategy has hinted at another potential Bitcoin purchase following its recent $1 billion stock offering. On June 8, executive chairman Michael Saylor posted the phrase “Send more Orange” on social media platform X. This phrase has historically preceded Bitcoin purchases by the company. If confirmed, it would mark the ninth consecutive week of Bitcoin acquisitions.
Strategy Boosts Bitcoin Holdings After $1B Capital Raise
The latest stock offering significantly expands Strategy’s capital raise from a previously announced $250 million to $1 billion. According to filings, the company plans to use the funds for additional Bitcoin investments and general corporate purposes.
The move comes shortly after Strategy acquired 705 Bitcoin between May 26 and June 1. The company reportedly spent around $75 million on that purchase, paying an average price of $106,495 per coin.
With this recent addition, Strategy’s Bitcoin holdings have grown to 580,955 BTC. These assets are currently valued at approximately $61.4 billion. Data from SaylorTracker suggests the firm is sitting on around $20.6 billion in unrealized profit. This indicates a 50% increase in value from the original investment.
New Stock Offering Targets Institutional Investors
The stock offering includes 11.76 million shares of Strategy’s 10.00% Series A Perpetual Stride Preferred Stock. Each share is priced at $85, and the offering is expected to raise $979 million after deducting underwriting and related expenses.
Unlike previous preferred stock, this one does not automatically hold dividends that were missed, which attracts investors who look for steady income. This structure aims to provide more predictable returns. Meanwhile, Strategy continues to strengthen its position as the largest known corporate holder of Bitcoin.
The preferred stock strategy also signals a broader attempt to attract a different class of investors. By combining predictable dividends with aggressive cryptocurrency exposure, the company seeks to balance traditional investment features with digital asset growth.
Bitcoin Holdings Outpace Global Competitors
According to Bitcoin Treasuries data, Strategy’s holdings are now larger than the combined Bitcoin reserves of both the United States and China. The firm’s Bitcoin stash is nearly twelve times greater than that of Mara Holdings, the second-largest known corporate BTC holder.
Strategy’s identity has become closely tied to Bitcoin. Many investors now view the company as a direct vehicle for gaining exposure to the digital asset. This perception continues to influence its capital-raising decisions and market presence.
Saylor’s consistent messaging and acquisition activity has reinforced the company’s Bitcoin-focused strategy. The alignment between social media cues and actual BTC purchases has added to investor expectations surrounding each new post. The June 8 signal suggests that Strategy is preparing for another acquisition in the near term.
