Strategy adds 15,355 BTC amid near-depletion of record-breaking $21B ATM capital raise

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Strategy, formerly MicroStrategy, has added 15,355 Bitcoin (BTC) to its holdings, according to an April 28 filing with the US Securities and Exchange Commission (SEC).

According to the filing, the firm spent about $1.42 billion on the purchase, paying an average of $92,737 per Bitcoin.

With this latest addition, Strategy now holds 553,555 BTC, valued at over $52 billion. The company’s average purchase price is $68,459, bringing its total investment to roughly $37.9 billion.

Strategy’s aggressive fundraising

Strategy stated that its recent BTC acquisition was funded through proceeds from its ongoing at-the-market (ATM) stock offerings. Between April 21 and April 27, the company sold over 4 million Class A common MSTR stock for $1.4 billion and 435,000 STRK preferred shares for $37.5 million.

With this raise, only $128.7 million remains from the original $21 billion MSTR ATM initiative launched in October 2024. This figure represents just 0.6% of the total program.

Vetle Lunde, a senior analyst at K33 Research, highlighted the pace of the program’s execution, noting that Strategy initially planned to run the ATM offering until the end of 2027. However, nearly the entire amount was raised within six months.

MicroStrategy Bitcoin Fundraise
Strategy’s Bitcoin Fundraise *(Source: X/ Vetle Lunde)

The MSTR ATM program stands as the largest in capital markets history. Over the period, Strategy raised approximately $20.87 billion, averaging about $3.48 billion per month. This capital influx has fueled the company’s aggressive Bitcoin accumulation strategy, setting a new benchmark for public market funding programs.

The post Strategy adds 15,355 BTC amid near-depletion of record-breaking $21B ATM capital raise appeared first on CryptoSlate.

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