In a significant move to bolster its Bitcoin holdings, Strategy has recently acquired 168 BTC, marking a strategic step in its ambitious investment plan, as stated in the official source.
Financing the Acquisition
The acquisition was financed through proceeds from at-the-market sales of several perpetual preferred stocks, including:
- STRK
- STRF
- STRD
This financial maneuver is part of Strategy's broader initiative to raise capital for ongoing Bitcoin purchases under its 4242 Plan.
The 4242 Plan
The 4242 Plan is an extensive $84 billion program aimed at funding Bitcoin acquisitions through 2027. This initiative seeks to double Strategy's original $42 billion goal after the initial capital round was fully utilized, reflecting the company's commitment to expanding its cryptocurrency portfolio.
Amid Strategy's recent acquisition of 168 BTC, the year 2025 is also witnessing a notable surge in IPO activity, with 282 IPOs recorded so far. For more details, see more.