Strategy Inc. (NASDAQ: MSTR), the world’s largest corporate holder of Bitcoin and self-described Bitcoin Treasury Company, sold shares of its Class A common stock for net proceeds of approximately $82 million but did not deploy the capital into additional Bitcoin purchases during the latest reporting period.
In a Form 8-K filing with the U.S. Securities and Exchange Commission, the company disclosed that it sold 492,210 shares under its at-the-market (ATM) offering program between April 27 and May 3, 2026. No preferred stock securities were sold during the same window.
As of May 3, 2026, Strategy’s Bitcoin holdings remained unchanged at 818,334 BTC. The digital assets were acquired at an aggregate cost of approximately $61.81 billion, equating to an average purchase price of roughly $75,537 per Bitcoin.
The company has substantial dry powder remaining, with approximately $26.4 billion still available for issuance and sale of Class A common stock under its ATM program.
Strategy, led by Executive Chairman Michael Saylor, has aggressively expanded its Bitcoin treasury since 2020 through a combination of operating cash flow, debt issuance, and equity offerings.
The firm frequently uses ATM programs to raise capital opportunistically, often converting proceeds into Bitcoin when market conditions align with its long-term accumulation strategy.
This week’s pause in purchases marks a temporary departure from the company’s recent pattern of near-weekly acquisitions.
Despite the brief hiatus, the company’s overall Bitcoin yield and per-share holdings continue to draw investor interest, with MSTR stock often trading at a premium tied to its Bitcoin exposure.
About Strategy Inc.
Originally a business intelligence software firm, Strategy rebranded and pivoted to position itself primarily as a Bitcoin Treasury Company.
It maintains software operations but directs the bulk of its capital allocation toward Bitcoin.
The company also maintains multiple series of perpetual preferred stock under its ATM programs to diversify its funding sources.
Administrator and Writer
