Strategy (Nasdaq: MSTR, STRK, STRF) has once again replenished its crypto assets, acquiring 4,020 bitcoins worth $427.1 million. The new batch was purchased at an average price of $106,237 per coin. This deal only strengthened the company's position as the largest institutional investor in BTC.
The total volume of bitcoins on Strategy's balance sheet now amounts to 580,250 BTC. In dollar terms, this is $40.61 billion at an average purchase price of $69,979 per unit. Thus, the company controls about 2.9% of the total supply of the first cryptocurrency, which gives it significant influence on the market.
Michael Saylor, Executive Chairman of Strategy, noted the company’s growing returns on Bitcoin investments. According to him, the “BTC Yield” has reached 16.8% since the beginning of the year, exceeding the planned target for 2025.
The latest Bitcoin purchase was financed through a public offering of Class A shares, as well as the issuance of perpetual preferred shares STRK and STRF, which have a fixed yield of 8% and 10%, respectively. This strategy allowed Strategy to raise significant funds without incurring debt.
With the price of BTC hovering near all-time highs, investors are closely monitoring the company’s actions. In particular, the market is interested in whether Strategy intends to accelerate the issuance of new shares in order to achieve strong financial results by the end of the year, and what impact this will have on Bitcoin itself, as well as the share prices of $MSTR, $STRK, and $STRF.
Thus, Strategy continues its aggressive policy of accumulating BTC, which not only strengthens its market presence, but also fuels interest in institutional investor strategies in the crypto market.