Strategy has announced plans to issue 5 million shares to bolster its Bitcoin market presence.
Strategy's New Stock Issuance
Strategy plans to issue 5 million Series A shares and use proceeds to purchase Bitcoin and for general purposes, subject to market conditions. The stock will accumulate 10% annual dividends, with quarterly payments starting June 30, 2025. The company may buy back the stock for cash if market shares drop below 25% of the issued amount.
Smallest Bitcoin Purchase by the Company
Strategy recently made its smallest Bitcoin purchase, acquiring 130 BTC for $10.7 million, following a previous low in 2024 with 169 BTC purchased. This comes amid market sentiments that the Bitcoin bull cycle might be over, as noted by CryptoQuant CEO Ki Young Ju, anticipating 6-12 months of bearish trend.
Strategy's Bitcoin Holdings
Since its initial Bitcoin investment, Strategy has amassed 499,226 BTC at an aggregate purchase price of $33.1 billion, averaging $66,360 per BTC. An acquisition of 774 BTC would bring total holdings to 500,000 BTC, representing 2.38% of the total supply. The company remains up by over $8 billion despite recent market downturns.
Strategy continues to be the largest corporate Bitcoin holder, reinforcing its market position despite fluctuations. The planned stock issuance aims to further solidify its Bitcoin strategy.
