TLDR
- Strategy adds 168 BTC, pushing total to 640,418 coins.
- Unrealized BTC gains soar past $23.7 billion mark.
- $71.1B in Bitcoin now anchors Strategy’s balance sheet.
- Four preferred stocks fuel ongoing BTC accumulation.
- Strategy remains world’s top public Bitcoin holder.
Strategy Inc. (MSTR) closed at $289.87 on October 17, marking a 2.12% gain from the previous session.
MicroStrategy Incorporated, MSTR
The move followed a new Bitcoin acquisition disclosed in a recent SEC filing. The company expanded its holdings by 168 BTC, pushing total unrealized gains to approximately $23.7 billion.
168 BTC Added Between Oct. 13–19 Using Equity Proceeds
Between October 13 and October 19, Strategy Inc. purchased 168 BTC for around $18.8 million. The average purchase price was $112,051 per coin, confirmed through the firm’s 8-K filing. This acquisition raised the company’s total BTC holdings to 640,418.
Strategy funded the purchase using proceeds from at-the-market offerings of four perpetual preferred stocks. These included STRK, STRF, STRC, and STRD, structured for distinct risk and dividend profiles. The company continues executing its revised “42/42” equity strategy to fund further Bitcoin accumulation.
STRK is convertible and offers an 8% non-cumulative dividend, appealing to those seeking equity exposure. STRF is non-convertible but offers a 10% cumulative dividend, positioning it as the most conservative. STRD carries a higher risk-reward profile with a 10% non-cumulative dividend, while STRC provides variable-rate monthly payouts.
Bitcoin Holdings Reach $71.1 Billion, Acquired at $74,010 Average
As of October 19, Strategy’s 640,418 BTC were valued at approximately $71.1 billion based on current market prices. The company’s average acquisition cost per coin stands at $74,010, inclusive of fees and expenses. This places total Bitcoin-related spending at $47.4 billion to date.
The current market valuation translates into over $23.7 billion in unrealized gains across Strategy’s entire Bitcoin position. The haul now exceeds 3% of Bitcoin’s total supply cap of 21 million coins. Strategy continues to position itself as the largest Bitcoin-holding public entity globally.
The company also acquired 220 BTC for $27.2 million at an average of $123,561 per BTC earlier this month. That purchase briefly raised the total to 640,250 BTC before the latest filing confirmed the updated total. The acquisitions were signaled in advance through internal tracking updates.
190 Public Companies Now Hold Bitcoin on Balance Sheets
According to recent data, 190 public firms now hold Bitcoin in their treasuries. Strategy leads by a wide margin, while Marathon Digital (MARA) follows with 53,250 BTC. Other notable names include Tether-backed Twenty One and Metaplanet.
Bitcoin Standard Treasury Company and Bullish hold 30,021 BTC and 24,300 BTC, respectively, rounding out the mid-tier holders. Riot Platforms, Trump Media & Technology Group, CleanSpark, and Coinbase also feature in the top ten. Their holdings range from 19,287 BTC to 11,776 BTC.
Despite increasing Bitcoin holdings, many of these companies have seen share price declines since summer. Strategy Inc.’s stock, for instance, remains 36% lower from seasonal peaks. However, its aggressive capital deployment and expanding treasury continue to shape its bullish long-term position.
