Strategy Adds 130 BTC

Strategy Acquires 130 Bitcoin

Michael Saylor's Strategy (formerly MicroStrategy) announced the acquisition of 130 Bitcoin at an average price of $82,981 per coin. The purchase, made between March 10th and 16th, totaled approximately $10.7 million.

Key Takeaways:

• 130 Bitcoin acquired during the week ending March 16th.
• Acquisition funded by selling Series A preferred stock, generating $10.7 million in net proceeds.
• This is Strategy's smallest Bitcoin purchase since April.

This latest acquisition marks Strategy's return to Bitcoin accumulation after a two-week pause, following their previous purchase in late February. The company's total Bitcoin holdings now stand at 499,226 BTC, valued at over $41.6 billion at current prices. This represents over 2% of Bitcoin's total supply.

The purchase was financed by the sale of 123,000 shares of Strategy's 8.00% Series A perpetual strike preferred stock, generating the necessary funds. Importantly, no Class A common stock was sold during this period.

Michael Saylor, Strategy's co-founder and executive chairman, stated that the company's total Bitcoin holdings were acquired at an average price of $66,360 per BTC, inclusive of fees and expenses.

[Insert Image: MSTR BTC Purchase]

Strategy's stock (MSTR) closed Friday up 13% at approximately $297, reflecting a 77% increase over the past year. This significant increase likely reflects investor confidence in Strategy's long-term Bitcoin strategy.

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