Particle.news
Download on the App Store

Strategy Buys $2.13 Billion in Bitcoin, Surpasses 700,000 BTC After Fresh Stock Sales

The weeklong purchase was financed via roughly $2.125 billion of at-the-market equity plus preferred issuance, sharpening concerns over dilution alongside a circular funding setup.

Overview

  • An SEC filing shows the company bought 22,305 BTC between Jan. 12–19 at an average $95,284, bringing holdings to 709,715 BTC acquired for about $53.92 billion at a $75,979 average price.
  • The purchase was funded by roughly $2.125 billion raised through ATM programs, including about $1.83 billion from selling 10.4 million MSTR shares and $294.3 million from 2.95 million STRC preferred shares, with a smaller STRK tranche.
  • Strategy now controls roughly 3.3–3.4% of Bitcoin’s supply, marking its largest weekly addition since 2024 and reinforcing its status as the biggest corporate holder.
  • MSTR fell roughly 5–7% as Bitcoin slid toward $90,000, while analysts highlighted dilution, compressed “Bitcoin yield,” and reliance on a roughly $2.25 billion USD reserve to service preferred dividends and debt.
  • Company filings point to substantial remaining issuance capacity—about $38 billion under current programs—supporting its 21/21 capital plan as large institutions report positions in MSTR and Strategy preferreds.