Strategy buys $2.54 billion in Bitcoin in largest purchase since 2024 By Investing.com

Investing.com — purchased $2.54 billion worth of Bitcoin during the week ending April 19, marking the digital asset treasury company’s largest acquisition of the cryptocurrency since November 2024.

The company sold securities worth $2.54 billion to fund the purchase, according to a Securities and Exchange Commission filing. Strategy sold 21,795,389 shares of for $2.18 billion in net proceeds and 2,165,000 shares of MSTR stock, generating $366 million in net proceeds.

Strategy acquired 34,164 bitcoin at an average price of $74,395 per coin, spending $2.54 billion including fees and expenses.

The purchase increased Strategy’s total bitcoin holdings to 815,061 coins with an aggregate purchase price of $61.56 billion and an average purchase price of $75,527 per bitcoin.

The company reported no sales of STRF, STRK, or during the period. Strategy has remaining capacity of $1.62 billion for STRF stock, $2.10 billion for STRK stock, $4.01 billion for STRD stock, and $26.73 billion for MSTR stock available for future issuance and sale under its at-the-market offering program.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.