According to a recent SEC filing, Strategy has purchased Bitcoin at an average price of $95,167 per coin between April 28 and May 4, enhancing its total holdings to 555,450 BTC, valued at over $52 billion. This acquisition was financed through stock sales, raising around $180 million. Furthermore, Strategy has announced plans to double its capital-raising capacity with a new $21 billion ATM offering, highlighting its commitment to Bitcoin accumulation amid rising institutional demand and resulting in a notable financial maneuver for the company, given its previous ATM offering was exhausted.
Strategy's recent Bitcoin acquisition pushes its holdings to over $52 billion, reinforcing its position as the largest corporate holder of Bitcoin with 2.64% of total supply.
The latest purchase of Bitcoin was funded through stock sales, raising approximately $180 million, showcasing Strategy's aggressive accumulation strategy during a surge in institutional demand.
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