Strategy acquires $204.1M in bitcoin as it tweaks preferred stock payouts

Acquisition and Financial Performance - Strategy acquired 3,015 Bitcoin for $204.1 million during the week of February 23 at an average cost of $67,700 per coin [1] - As of Sunday, Strategy holds 720,737 Bitcoin worth approximately $49.5 billion, purchased at an average price of $75,985 per coin [3] - In 2025, Strategy has purchased 48,237 BTC for $4.33 billion at an average cost of $81,860 per coin [3] Stock Offerings - The company funded the Bitcoin purchase through at-the-market stock offerings that generated $237.1 million in net proceeds [1] - These offerings included 1.73 million shares of MSTR for $229.9 million in net proceeds and 71,590 shares of its STRC preferred stock for $7.1 million in net proceeds [2] Dividend Announcements - Strategy increased the regular dividend rate for its Variable Rate Series A Perpetual Stretch Preferred Stock from 11.25% to 11.50%, effective for monthly periods commencing on or after Sunday [4] - The board declared cash dividends across multiple preferred stock lines, payable on March 31, including $2.50 per share for STRF, $0.958 for STRC, €2.50 for STRE, $2.00 for STRK, and $2.50 for STRD [4]