Strategy Acquires 520 Bitcoin for $34.9 Million via $335.5 Million MSTR Stock Sale
Strategy acquired 520 BTC for $34.9 million at a $67,068 average price, funded by $335.5 million in MSTR stock sales. The firm reported cash reserves of $1.4 billion following the capital raise and purchase.
Strategy acquired 520 bitcoin for $34.9 million at an average price of $67,068 per coin, funded entirely by $335.5 million in new stock issuance. The firm disclosed the purchase on June 22, 2026, marking its latest addition to a bitcoin-focused treasury strategy that uses equity capital to accumulate the digital asset.
The $335.5 million equity raise represents the latest draw on the company's at-the-market (ATM) programs covering three tickers: , , and . These shelf offerings allow Strategy to issue shares incrementally without traditional underwriting, converting equity dilution directly into bitcoin holdings. Following the purchase and capital raise, the firm reported cash reserves of $1.4 billion, a material increase driven by the net proceeds exceeding the bitcoin outlay.
Continue reading
3 more paragraphs for subscribers.
Free readers get a daily preview and the weekly long-form. Premium unlocks every brief in full, AM & PM editions, alerts, and the archive.