Strategy adds 1,045 Bitcoin after $112M stock sale
MicroStrategy Inc., now operating as Strategy, has announced a significant update regarding its capital-raising and Bitcoin purchase plans in a newly filed Form 8-K.
During the period from June 2 through June 8, 2025, Strategy sold an aggregate of approximately $112.2 million worth of two classes of preferred stock — STRK and STRF — pursuant to at-the-market (ATM) offerings.
The company sold 626,639 shares of STRK, resulting in net proceeds of $66.4 million, and 432,679 shares of STRF, resulting in net proceeds of $45.8 million. Notably, no new common stock (MSTR) was issued during this period, with $18.63 billion of capacity remaining available under the common ATM program.
From the proceeds of the offer, Strategy purchased 1,045 BTC for approximately $110.2 million, at an average price of $105,426 per Bitcoin. With this purchase, the company now holds a total of 582,000 BTC, which were bought at an average price of $70,086, bringing its total investment to $40.79 billion.
Strategy last unveiled its – when it reported a holding of 580,955 BTC worth around $61 billion at the time. Executive Chairman Michael Saylor, in the meantime, has been a headline-maker not only for his purchases of Bitcoin, but also for his signature style: specifically, his preference for orange ties, as a nod to Bitcoin's big, bold color.
In January he wore one to Washington, D.C.; by June 4, he had taken things one step further: That day, he put his orange tie up for sale in return for $80 in Bitcoin. In crypto culture, to be 'orange-pilled' is to believe deeply in Bitcoin's revolutionary power.
Strategy adds 1,045 Bitcoin after $112M stock sale first appeared on TheStreet on Jun 9, 2025
This story was originally reported by TheStreet on Jun 9, 2025, where it first appeared.
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