Strategy buys $1.28 billion in bitcoin, holdings hit 738,731 BTC

Group 1 - Strategy acquired 17,994 bitcoin at an average price of $70,946 per coin, increasing total holdings to 738,731 bitcoin as of Sunday [1] - The $1.28 billion purchase was funded through an at-the-market offering of MSTR common stock and STRC preferred stock, selling 6,327,541 shares of MSTR for $899.5 million and 3,776,205 shares of STRC for $377.1 million [1] - Prior to the recent acquisition, Strategy raised the regular dividend rate for its Variable Rate Series A Perpetual Stretch Preferred Stock from 11.25% to 11.50% [2] Group 2 - During the week of February 23, Strategy acquired 3,015 bitcoin for $204.1 million at an average cost of $67,700 per coin, utilizing $237.1 million from at-the-market sales of MSTR and preferred stock [3] - Strategy began accumulating bitcoin in August 2020, with an overall average purchase price of $75,862 per coin [3]