Bitcoin Bonanza: Strategy’s Dazzling Acquisition Leaves Us All in Awe! 💰✨

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What to know:

  • Strategy has gallantly purchased 4,020 BTC between May 19–25 for a staggering $427.1 million. 💸
  • The firm now holds a jaw-dropping 580,250 BTC, all for the princely sum of over $40.6 billion. 🤑
  • This latest acquisition was funded through three rather clever at-the-market programs. 🎩

Ah, Strategy (MSTR) has once again dazzled us with its latest escapade, acquiring an additional 4,020 bitcoin for a mere $427 million. One can only wonder what they plan to do with all that digital gold! 🏆

According to a rather cheeky press release, this latest acquisition was funded through three ongoing at-the-market (ATM) equity programs. Because why not? Who needs a rainy day fund when you can have a bitcoin bonanza? ☔️

Between May 19 and May 25, Strategy sold a staggering 847,000 shares of its common stock (MSTR) for $348.7 million, 678,970 shares of STRK preferred stock for $67.9 million, and 104,423 shares of STRF preferred stock for $10.4 million. Talk about a shopping spree! 🛍️

These offerings, with combined capacities of nearly $45 billion, are part of the company’s long-running bitcoin accumulation strategy. Because, darling, who doesn’t want to be the proud owner of a small country’s worth of cryptocurrency? 🌍

At an average purchase price of $106,237 per coin for this latest tranche, the firm’s total bitcoin investment now stands at a staggering $40.61 billion, with an average purchase price of $69,979. It’s enough to make one’s head spin! 🎢

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2025-05-26 16:24