Michael Saylor's Strategy Adds 4,225 Bitcoin, Bringing BTC Stack to 601,550
Sequans, K33, Tao Alpha and The Blockchain Group also expand their bitcoin treasuries as corporate crypto buying gathers momentum.

What to know:
- Michael Saylor’s Strategy (MSTR) bought 4,225 bitcoin (BTC) for $472.5 million during the period from July 7, to July 13.
- The acquisition was financed through sales of both common and preferred stock.
- The company’s total bitcoin holdings now stand at 601,550 bitcoin acquired for $42.87 billion, or an average price of $71,268 each.
Strategy (MSTR), the largest publicly traded company holding bitcoin
This latest addition brings Strategy’s total bitcoin holdings to 601,550 BTC purchased for $42.87 billion, representing an average acquisition price of $71,268 per coin. At bitcoin’s current market price of around $121,500, the company’s BTC stack is valued at approximately $73 billion.
Strategy financed the purchase through $330.9 million of net proceeds from common share sales under its at-the-market program, along with $71.1 million from STRK preferred shares, $55.3 million from STRF preferred shares, and $15.0 million from STRD preferred shares.
Altogether, these transactions generated $472.3 million in net proceeds to fund the latest bitcoin acquisition. MSTR shares rose 2.50% percent to $445.
Public firms continue BTC buys
Several other companies have also disclosed new bitcoin acquisitions on Monday. Sequans (SQNS) purchased 683 BTC, bringing its total holdings to 1,053 BTC.
K33 (K33 AB) acquired 36 BTC and now holds 121 BTC, crossing the threshold of more than 100 bitcoin. Tao Alpha (SATS) bought its first 28.56 BTC.
The Blockchain Group acquired 29 BTC, lifting its total reserves to 1,933 BTC. In addition, to Metaplanet's (3350) 797 BTC purchase.