Share this article
Strategy Adds Over 10K BTC to Its Bitcoin Treasury, Funded by New STRD Offering
Firm raises over $1 billion from high-yield preferred stock and share sales to expand record BTC holdings.
Updated Jun 23, 2025, 10:20 a.m. Published Jun 16, 2025, 12:08 p.m.
Make us preferred on Google
What to know:
- Strategy (MSTR) now holds 592,100 BTC, valued at approximately $63.3 billion, following its latest acquisition.
- Funding came from a $979.7 million STRD offering and ATM sales of STRK and STRF preferred shares.
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).
Strategy (MSTR), the largest corporate holder of bitcoin , has expanded its holdings with a new 10,100 BTC purchase, mainly funded by proceeds from its latest preferred stock offering, STRD.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The acquisition brings Strategy’s total bitcoin holdings to 592,100 BTC, now valued at approximately $63.3 billion, based on a current market price of around $107,000 per bitcoin. The average purchase price of the company’s total BTC position now stands at $70,666.
To finance the purchase, Strategy recently completed its 10% Series A Perpetual Stride Preferred Stock (STRD) issuance. Targeted at long-term investors seeking high-yield, fixed-income opportunities, the offering consisted of 11.76 million shares and generated approximately $979.7 million in net proceeds after fees and expenses.
The BTC acquisition was funded through a combination of proceeds from the STRD issuance and an at-the-market (ATM) share sale program, which included sales of its other preferred stock classes, STRK and STRF.
MSTR shares are trading at 1.60%in pre-market hours, while bitcoin is holding near $107,000.
