the company announced that it acquired 4,225 BTC for $472.5 million at an average price of $111,827 per bitcoin, achieving a BTC yield of 20.2% year-to-date (YTD). The company now holds 601,550 BTC, which it acquired for $42.87 billion at an average price of $71,268 per bitcoin. The 601,550 BTC represents 2.86% of Bitcoin’s total supply.
The SEC filing shows that Strategy mainly used its sale of common shares to fund this Bitcoin buy. The company raised $330.9 million from the sale of MSTR shares and $71.1 million, $55.3 million, and $15 million from the sale of STRK, STRF, and STRD securities, respectively.
This follows Michael Saylor’s statement yesterday, which hinted at another Bitcoin purchase. Saylor had posted a graph of Strategy’s BTC acquisitions, with the caption, “Some weeks you don’t just HODL.”
This indicated that the company had purchased Bitcoin again. In the previous week, Saylor had stated, “Some weeks you just need to HODL,” which turned out to be a signal that they didn’t buy BTC that week.