Strategy Inc. has raised 27.3 million through its ATM offering programmes. The company have used the proceeds to acquire 220 Bitcoin, at an average cost of 27.2 million, according to its press release and filings. This purchase marks Strategys first bitcoin acquisition in two weeks, adding to its already substantial holdings.
With this new addition, Strategy now holds 640,250 BTC, valued at an aggregate purchase price of 47.38 billion. The newly acquired bitcoin had an average cost of 123,561 per coin, highlighting the companys continued confidence in long-term digital asset accumulation.
Funding Mechanism and Capital StructureThe 27.3 million raised came from the sale of several preferred share classes within the firms structured ATM programmes. During the reporting period, Strategy sold:
