MicroStrategy Resumes Bitcoin Accumulation with Record Purchase
MicroStrategy (MSTR) has resumed its Bitcoin accumulation strategy after a 10-week pause, adding 4,603 BTC to its treasury. The latest purchase was funded in part by newly raised equity capital.
The company's focus on acquiring and holding Bitcoin as a core business activity is evident in this move, which shows how MicroStrategy continues to align capital raising with that focus.
Of the $602.8m raised from 4.53m new shares, around 61% went into Bitcoin, reinforcing the view that fresh capital is quickly redirected into the treasury rather than left as cash.