Strategy Increases Bitcoin Holdings for Four Consecutive Weeks, Acquiring BTC Worth 3.4 Billion Yen

Key Points of This Article

• Strategy's BTC holdings reach 848,250 BTC
• Strategy repurchases preferred shares worth $192.4 million

Four Consecutive Weeks of Purchases

Strategy, the largest holder of Bitcoin (BTC), announced on the 12th that it acquired 250 BTC between October 5 and 11. This marks the fourth consecutive week of purchases, with a total acquisition cost of $21.5 million (equivalent to 3.4 billion yen), and an average acquisition price of $86,194 per BTC.

As a result of this acquisition, the total Bitcoin holdings as of October 11 reached 848,250 BTC, with a total acquisition cost of $64 billion, including fees and expenses, and an average acquisition price of $75,444 per BTC.

The breakdown of the funds for this acquisition includes a net income of $21 million from the sale of 125,183 shares of MSTR stock, after deducting sales fees, and $500,000 in USD cash. The USD cash was maintained by the company for purposes such as purchasing Bitcoin, increasing USD reserves, and extensive capital management.

During the same period, the only stock sold in the capital increase was MSTR shares, with no sales of STRF, STRC, STRK, or STRD preferred shares. As of October 11, the remaining capacity for issuing and selling MSTR shares was $18.876 billion.

Repurchase of Preferred Shares and Reserves

According to the announcement, during this period, 1,932,145 shares of STRC preferred stock were repurchased for a total of $192.4 million. The repurchase was limited to STRC preferred shares, with no repurchases of STRF, STRK, STRD preferred shares, or MSTR shares.

As of October 11, the balance for USD reserves allocated for preferred share dividends and debt interest payments was $4.88 billion, with $640.5 million in USD cash.

The remaining capacity for the repurchase program is $354.8 million for digital credit securities targeting preferred shares and $1 billion for MSTR shares.

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