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HomeStrategy buys 4,020 more Bitcoins for $427M, total holdings now at 580,250

Strategy buys 4,020 more Bitcoins for $427M, total holdings now at 580,250

Strategy, the Virginia-based firm known for pouring billions into Bitcoin and formerly MicroStrategy, confirmed Monday that it bought another 4,020 BTC last week, spending $427 million to do it.

This pushes the firm’s total stash to 580,250 BTC, with an overall cost of $40.61 billion, according to a statement released today by the company. The new purchase happened between May 19 and May 25, and was fully funded through a combination of equity sales under three at-the-market (ATM) programs.

The company said it acquired the latest Bitcoin batch at an average price of $106,237 per coin, factoring in all fees. The total amount of BTC held by Strategy now stands at 580,250, with the average entry price for all coins sitting at $69,979.

The latest buy puts the company even further ahead as the largest corporate Bitcoin holder in the world.

Strategy raised funds through three active share sale programs

To raise the $427 million, Strategy sold shares through three different ATM setups. It sold 847,000 shares of Class A common stock (MSTR), bringing in $348.7 million under its $21 billion MSTR share sale program, which started May 1. After this round, the company still has about $18.63 billion worth of stock left to issue through that program.

The firm also raised $67.9 million by selling 678,970 shares of its 8.00% Series A perpetual strike preferred stock (STRK). This STRK ATM program was launched on March 10, 2025, and has a total size of $21 billion, with about $20.72 billion still unused.

In addition, Strategy used its brand new STRF ATM offering, established just days ago on May 22, to raise $10.4 million. This came from the sale of 104,423 shares of its 10.00% Series A perpetual strife preferred stock (STRF). The total size of the STRF program is $2.1 billion, leaving $2.09 billion still available for future fundraising.

All proceeds were calculated net of sales commissions, and every dollar raised went directly into buying Bitcoin. Strategy did not use any debt or borrowings for this round.

The announcement came as Bitcoin rose 2%, pushing back above $110,000, following news that Donald Trump extended the deadline on 50% tariffs targeting EU imports. The new decision moves the tariff date to July 9, giving traders and investors temporary breathing room.

As a result, the crypto market responded with a rally. Ethereum, Solana, Dogecoin, and Cardano each gained between 3% and 4%, while traditional markets also saw a lift.

Strategy’s total investment in Bitcoin is now worth over $64 billion based on current prices, and the company also confirmed that the purchases were funded entirely from the MSTR, STRK, and STRF ATM programs.

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