Strategy (NASDAQ: MSTR) sold 1,451,601 Class A common shares for $255 million in net proceeds and used that capital to buy 3,273 bitcoin during the week of April 20 to April 26, according to an 8-K filed with the SEC on Monday. The purchases were made at an average price of $77,906 per bitcoin, inclusive of fees and expenses.
The company now holds 818,334 bitcoin. Strategy has spent $61.81 billion in aggregate to acquire its holdings, at an average cost of $75,537 per bitcoin.
The share sales were conducted under Strategy’s at-the-market offering program. The filing stated that the bitcoin purchases “were made using proceeds from the sale of shares under the ATM,” directly linking the equity issuance to the bitcoin acquisition.
Strategy reported no sales across its four preferred stock programs during the period. The STRF, STRC, STRK, and STRD lines each showed zero shares sold and zero proceeds for the week.
As of April 26, Strategy listed $26.47 billion of remaining MSTR issuance capacity. That figure reflects both the current offering and a separate $21 billion increase announced on March 23. Sales under the expanded program may begin once capacity under the existing offering is depleted, according to the filing.
The company also listed remaining preferred stock capacity of $1.62 billion under STRF, $19.46 billion under STRC, $2.1 billion under STRK, and $4.01 billion under STRD.
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