Strategy Buys 430 BTC; Bitcoin Holdings Reach 629,376
Strategy (formerly MicroStrategy) expanded its Bitcoin holdings with a fresh Bitcoin purchase of 430 BTC for $51.4 million, raising its total holdings to 629,376 BTC — nearly 3% of circulating supply. Funded by over $50 million in stock sale proceeds from STRK, STRF, and STRD shares, this marks Strategy’s third straight weekly Bitcoin acquisition amid a market downturn. The company also updated its capital guidance, enabling flexible share issuance based on market NAV levels to fund future Bitcoin purchases, service debt, or execute share buybacks. By reinforcing its Bitcoin investment strategy during market fluctuations, Strategy signals sustained institutional demand and potential upward pressure on Bitcoin price.
Bullish
Strategy’s consistent Bitcoin purchases—now totaling 629,376 BTC—reduce circulating supply and underscore strong institutional confidence. Funded by stock sale proceeds, the third consecutive weekly acquisition signals ongoing demand amid market downturns. Historically, large-scale institutional buys have coincided with price rallies as reduced supply and positive sentiment drive upward momentum. The updated capital guidance further empowers Strategy to accelerate Bitcoin purchases or manage capital flexibility, reinforcing bullish outlook. In the short term, recurring purchases may stabilize price dips, while in the long term, sustained institutional accumulation could limit supply and boost Bitcoin’s valuation.