Bitcoin treasury giant Strategy, formerly MicroStrategy, has acquired another 397 BTC for roughly $45.6 million, according to its latest SEC filing. The accumulation took place between Oct. 27 and Nov. 2 at an average price of $114,771 per bitcoin.
With the latest purchase, Strategy now holds 641,205 BTC, currently worth approximately $69 billion. The firm’s average acquisition price sits at $74,057, leaving nearly $21.5 billion in unrealized gains and securing over 3% of Bitcoin’s fixed 21-million-coin supply.
The recent acquisition was supported by proceeds from at-the-market stock issuance programs across multiple classes, including MSTR and perpetual preferred stock tickers STRK, STRF, and STRD.
These issuances form part of the firm’s “42/42” plan, targeting $84 billion in capital to acquire BTC through 2027. Recent filings show continued equity sales, including 183,501 MSTR shares raising $54.4 million last week. Strategy remains the largest institutional Bitcoin holder globally, maintaining its aggressive treasury strategy as BTC markets expand.
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