shared <\/a>the news on social media platform X (formerly Twitter), noting that the latest purchase brings Strategy\u2019s total Bitcoin holdings to approximately 580,250 BTC, acquired for a total investment of $40.6 billion, at an average price of $69,979 per token.<\/p>\nAs Strategy continues its aggressive Bitcoin accumulation strategy, the company is also planning to raise additional capital to further enhance its holdings.\u00a0<\/p>\n
$7.7 Billion Gain From Bitcoin Investments<\/h2>\n
As reported by NewsBTC last Friday, Strategy announced the launch of a $2.1 billion At-The-Market (ATM) equity program for its preferred stock, Strife (STRF), deemed as a crucial step toward the firm\u2019s long-term goal of establishing a strong Bitcoin-backed financial infrastructure.<\/p>\n
During an investor update, CEO Phong Lee, alongside Executive Chairman Saylor, highlighted the impressive year-to-date performance of the firm\u2019s Bitcoin-linked securities, Strike (STRK) and Strife, as key factors driving this expansion.\u00a0<\/p>\n
Lee emphasized, \u201cWe\u2019re currently at a 16.3% BTC yield for the year, against a 25% target,\u201d indicating the firm\u2019s ambitious goals. So far, Strategy has achieved a dollar gain of $7.7 billion from its Bitcoin investments and aims to reach a target of $15 billion.<\/p>\n
The company had previously issued $212 million through Strike\u2019s ATM program without encountering adverse pricing pressure. Given the high trading volume and strong investor demand, Lee expressed optimism that the $2.1 billion Strife ATM could be executed with similar success.<\/p>\n
In contrast to its other offerings, Strike is designed for \u201cBitcoin-curious\u201d investors, featuring an 8% coupon and potential upside through Bitcoin conversion. Saylor described it as a \u201cBitcoin fellowship with a stipend,\u201d appealing to a different risk profile.<\/p>\n
Currently, Strategy operates three ATM programs: $21 billion each for MicroStrategy (MSTR) equity and Strike, and $2.1 billion for Strife. These programs are rebalanced daily, allowing the company to adjust its issuance based on market conditions, volatility, and investor appetite.\u00a0<\/p>\n
![\"Strategy\"](\"https:\/\/www.tradingview.com\/x\/E4hbduol\/\")
<\/p>\n
At the time of writing, BTC is attempting to consolidate above the key $109,370 mark, which has the potential to become a new support level and allow for new records to be reached in the coming weeks. Year-to-date, the cryptocurrency has gained 56%.<\/p>\n
Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Strategy, the Bitcoin (BTC) proxy firm formerly known as MicroStrategy and founded by Bitcoin bull Michael Saylor, has announced a significant new acquisition of the market\u2019s leading cryptocurrency on Monday.\u00a0 Strategy Capitalizes On Significant New BTC Acquisition In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company revealed it purchased an…<\/p>\n","protected":false},"author":1,"featured_media":4999,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[56,55,61,120,121,70,62,36,43,365,1144,366,947,867,868,1850],"class_list":["post-4998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-news","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-news","tag-michael-saylor","tag-michael-saylor-news","tag-microstrategy","tag-microstrategy-bitcoin","tag-microstrategy-bitcoin-holdings","tag-microstrategy-news","tag-strategy"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4998"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4999"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}