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Strategy’s Bitcoin Buying Accelerates as $48 Billion BTC Stash Sits Underwater
Yahoo Finance· 2026-02-17 16:13
Strategy reported its fourth-largest Bitcoin purchase of the year on Tuesday, scooping up the digital asset with proceeds that partly came from preferred shares. The Tysons Corner, Virginia-based firm purchased 2,500 BTC last week for $168 million, a press release showed. That lifted the company’s holdings to around 717,100 Bitcoin, which was worth about $48 billion as Bitcoin edged down to nearly $67,000, according to CoinGecko. To fund its latest acquisition, Strategy issued $90.5 million worth of common ...
Strategy Spends $267 Million on Bitcoin, Issues STRC for Third Straight Week
Yahoo Finance· 2026-01-26 16:03
Group 1 - The company continued to buy Bitcoin as its price fell to a five-week low, spending $267 million and acquiring approximately 2,900 BTC, marking a slowdown compared to previous weeks where it spent $1.2 billion and $2.1 billion [1] - The largest corporate holder of Bitcoin now possesses 712,600 BTC, valued at $62.7 billion, with Bitcoin recently trading around $87,600 [2] - The company's stock price has decreased over 60% in the past six months but has stabilized, increasing by 1.5% over the last 30 days [3] Group 2 - The latest Bitcoin purchase was primarily funded through the issuance of common stock, which accounted for 97% of the $264 million raised [3] - The company has raised $421 million by offering its variable rate preferred stock, STRC, which pays an annualized cash rate of 11% [4] - When STRC trades above $100, the company plans to issue more preferred stock to maintain its price while using the proceeds to buy Bitcoin [5] Group 3 - The company's cash reserves are sufficient to cover 30 months of dividend payments, coinciding with a decline in its multiple-to-net asset value (mNAV) [6] - The company measures success by the increase in Bitcoin owned per share, known as BTC Yield, and considers issuing common stock positively effective when mNAV is above 1 [7]
X @Cointelegraph
Cointelegraph· 2025-07-29 20:16
Financial Strategy - Strategy 完成了 25.21 亿美元的 STRC 优先股 IPO [1] - IPO 所得资金用于购买 21,021 个 BTC,平均价格约为每个 117,256 美元 [1]