#StrategyBTCPurchase

A Look at Their Latest Acquisition*

Strategy, formerly known as MicroStrategy, has been making waves in the cryptocurrency market with its aggressive Bitcoin acquisition strategy. The company recently announced the purchase of an additional 4,980 Bitcoin for approximately $531.9 million, bringing its total holdings to 597,325 BTC. This acquisition was funded through a major equity raise across multiple securities, including the sale of 1,354,500 MSTR shares for $519.5 million, 276,071 STRK shares for $28.9 million, and 284,225 STRF shares for $29.7 million ¹.

*Why Strategy is Buying Bitcoin*

Strategy's Bitcoin purchase strategy is centered around accumulating the cryptocurrency as a treasury asset. The company believes that Bitcoin can provide a unique opportunity for long-term value creation and is committed to holding onto its BTC reserves. With this latest purchase, Strategy now holds nearly 3% of Bitcoin's circulating supply, solidifying its position as the largest corporate holder of Bitcoin ².

*Key Highlights of Strategy's Bitcoin Holdings*

- *Total Holdings:* 597,325 BTC

- *Total Cost:* $42.4 billion

- *Average Purchase Price:* $70,982 per Bitcoin

- *Year-to-Date Bitcoin Yield:* 19.2%

*Funding Mechanism*

Strategy funded its latest Bitcoin acquisition through at-the-market (ATM) equity and preferred stock offerings. This funding mechanism allows the company to raise capital efficiently by issuing new shares at current market prices. By leveraging traditional financial tools, Strategy is able to support its digital asset investments and continue its aggressive Bitcoin acquisition strategy ³.

*Market Impact*

Strategy's continued Bitcoin accumulation has sparked interest in the cryptocurrency market, with some analysts predicting that the company's strategy will pay off in the long run. However, the company is also facing legal challenges, including a class-action lawsuit alleging that it misrepresented its Bitcoin investments ³.