Strategy Adds 4,603 Bitcoin to Treasury for $370 Million

Strategy, an experienced player in corporate Bitcoin accumulation, has resumed buying after a two-month hiatus. In its latest move, the company purchased 4,603 BTC for approximately $370 million, taking its total holdings to 845,050 BTC.

The acquisition was funded through net proceeds from a $602 million common stock sale. Strategy allocated part of these funds to increase its USD cash reserve and repurchased its preferred STRC stock with another portion.

This purchase follows a signal from Michael Saylor that the firm was preparing to resume accumulation, which investors closely watched.

STRC's trading below its intended $100 par value could affect Strategy's ability to raise capital through STRC sales and may increase pressure on dividend terms.