{"id":275625,"date":"2025-05-05T14:35:26","date_gmt":"2025-05-05T14:35:26","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/05\/strategy-buys-180-million-worth-of-bitcoin\/"},"modified":"2025-06-25T17:08:37","modified_gmt":"2025-06-25T17:08:37","slug":"strategy-buys-180-million-worth-of-bitcoin","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/05\/strategy-buys-180-million-worth-of-bitcoin\/","title":{"rendered":"Strategy Buys $180 Million Worth Of Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div data-td-block-uid=\"tdi_61\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p class=\"nitro-lazy\">According to a Monday <a href=\"https:\/\/www.strategy.com\/press\/strategy-acquires-1895-btc-and-now-holds-555450-btc_05-05-2025\" target=\"_blank\" rel=\"noopener\">SEC filing<\/a>, Strategy purchased the bitcoin at an average price of $95,167 per coin between April 28 and May 4. The acquisition brings the company\u2019s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average price of $68,550 per bitcoin.<\/p>\n<p>The latest purchase was funded through a combination of common stock and preferred stock sales, with $128.5 million raised through <a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy\u2019s<\/a> common stock ATM program and $51.8 million through sales of STRK preferred shares. The transaction notably exhausts Strategy\u2019s previous $21 billion ATM offering launched last year.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>Last week, <a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy<\/a> announced plans to double its capital raising capacity, introducing a new $21 billion ATM offering and expanding its debt purchase program to $42 billion. The expanded programs signal the company\u2019s intent to continue its bitcoin accumulation strategy.<\/p>\n<p>Strategy remains the largest corporate holder of bitcoin, with its holdings representing approximately 2.64% of Bitcoin\u2019s maximum supply. At current prices around $94,000, the company\u2019s bitcoin stack is valued at over $52 billion.<\/p>\n<p>The purchase comes amid strong institutional demand for Bitcoin through regulated vehicles, with <a href=\"https:\/\/bitcoinmagazine.com\/tags\/blackrock\">BlackRock\u2019s<\/a> iShares Bitcoin Trust (IBIT) recording massive inflows in the last 2 weeks.<\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy<\/a> shares were down 2.7% in Monday\u2019s pre-market trading after gaining over 3% last Thursday. Bitcoin currently trades at $94,497, down 1.14% over the past 24 hours.<\/p>\n<\/p><\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-buys-180-million-worth-of-bitcoin\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] According to a Monday SEC filing, Strategy purchased the bitcoin at an average price of $95,167 per coin between April 28 and May 4.<\/p>\n","protected":false},"author":1,"featured_media":275626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/275625"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=275625"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/275625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/275626"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=275625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=275625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=275625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}