tiprankstipranks
Company Announcements

Strategy Increases Bitcoin Holdings with Recent Stock Sale

Story Highlights
Strategy Increases Bitcoin Holdings with Recent Stock Sale

An update from Strategy ( (MSTR) ) is now available.

MicroStrategy Incorporated, operating as Strategy, announced that between March 10 and March 16, 2025, it did not sell any shares of its class A common stock under its at-the-market offering program. However, during the same period, the company sold 123,000 shares of its 8.00% series A perpetual strike preferred stock, generating approximately $10.7 million in net proceeds. Additionally, the company used these proceeds to acquire approximately 130 bitcoins at an average price of $82,981 per bitcoin, increasing its total bitcoin holdings to approximately 499,226 bitcoins.

More about Strategy

YTD Price Performance: -0.84%

Average Trading Volume: 19,415,790

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $76.81B

For detailed information about MSTR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App