Breaking: Strategy Scoops 3,015 More BTC as $84B Bitcoin Plan Accelerates

• Strategy buys 3,015 BTC as accumulation strategy accelerates.
• Total holdings reach 720,737 BTC amid $84B plan.
• Capital raises continue despite $7.3B unrealized bitcoin losses.

Strategy has purchased 3,015 additional bitcoin between Feb. 23 and March 1, reinforcing its aggressive accumulation strategy. The company disclosed the acquisition in an 8-K filing with the Securities and Exchange Commission. It spent approximately $204.1 million, paying an average of $67,700 per coin.

Consequently, Strategy’s total bitcoin holdings have climbed to 720,737 BTC. At current market prices, that stash is valued near $47.5 billion. Michael Saylor, the firm’s co-founder and executive chairman, confirmed the updated figures. He noted that the company acquired its entire position at an average price of $75,985 per bitcoin. The cumulative purchase cost now stands at about $54.8 billion, including fees and expenses.

Although bitcoin’s price remains below Strategy’s average entry, the company continues to expand its position. Based on recent market levels, unrealized losses amount to roughly $7.3 billion. However, management has not slowed its pace. Instead, it has leaned further into its long-term capital plan.

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$84B Capital Plan Fuels Ongoing Bitcoin Accumulation

Importantly, the latest purchase forms part of Strategy’s broader 42 42 initiative. This program targets a total capital raise of $84 billion through equity offerings and convertible notes by 2027. The company intends to channel those funds directly into additional bitcoin acquisitions.

To finance the recent buy, Strategy used proceeds from at-the-market sales of its securities. Last week, it sold 1,730,563 shares of its Class A common stock, MSTR. That transaction generated about $229.9 million. As of March 1, roughly $7.6 billion worth of MSTR shares remain available for issuance.

Additionally, the firm sold 71,590 shares of its STRC perpetual preferred stock. This sale raised approximately $7.1 million. Meanwhile, $3.5 billion worth of STRK shares remain authorized for future issuance.

Strategy also operates several perpetual preferred stock programs. STRK offers an 8% non cumulative dividend and includes a conversion feature. STRF provides a 10% cumulative dividend and does not convert into equity. STRD carries a 10% non cumulative dividend and reflects a higher risk profile. STRC features a variable rate cumulative dividend with monthly payouts.

Measured against bitcoin’s fixed supply cap of 21 million coins, Strategy now controls just over 3.4% of total eventual issuance. As a result, the company continues to deepen its exposure, aligning each capital raise with further bitcoin accumulation.

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