Strategy Becomes Largest Corporate Bitcoin Holder with Over 500,000 BTC

Michael Saylor-led Strategy surpasses 500,000 Bitcoin holdings after acquiring 6,911 BTC, funded by stock sales, with total holdings now valued at $44.7 billion.

• Strategy purchased 6,911 Bitcoin for $584.1 million, bringing its total holdings to 506,137 BTC.
• The acquisition was funded through the sale of 1.975 million shares of common stock, raising $592.6 million.
• The company's Bitcoin holdings, acquired at an average cost of $66,608 per Bitcoin, are now valued at approximately $44.7 billion.
• Strategy's stock price increased by 7.2% following the announcement of its latest Bitcoin purchase.
• This milestone reinforces Strategy's pivot from software to a Bitcoin-focused business model, inspiring similar strategies among other corporations.

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