In a most audacious display of financial prowess, Strategy Inc. has triumphantly announced the acquisition of 430 bitcoin between the 11th and 17th of August in the year 2025, parting with a staggering sum of $51.4 million at an average price of $119,666 per BTC. This bold maneuver elevates their total holdings to a jaw-dropping 629,376 bitcoin, a treasure trove valued at approximately $46.15 billion. One might wonder if they’ve stumbled upon a digital goldmine or simply lost their marbles! 💎
The purchases were financed entirely through the net proceeds of recent sales of preferred shares, courtesy of their at-the-market (ATM) programs. During this same period, the company managed to sell $50.4 million worth of preferred stock across three series: STRK ($19.3M net proceeds), STRF ($19.0M), and STRD ($12.1M). It seems they’ve mastered the art of juggling finances with the grace of a seasoned performer! 🎪
In a separate yet equally riveting development, Strategy has updated its equity guidance, declaring that it will now tactically issue class A common stock (MSTR) to cover debt interest and preferred dividends whenever its “mNAV” metric dips below 2.5x. As of August 17, the company continues to maintain active ATM programs for its common and preferred shares, with a staggering $17.0 billion and $50.7 billion still available, respectively. One can only imagine the boardroom discussions-“How much more can we possibly acquire before we need a bigger vault?” 🏦
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2025-08-18 16:27