Strategy This round of additional BTC investment was funded by selling stocks, with $519.5 million worth of MSTR stocks sold last week

BlockBeats News, June 30th. According to The Block, Strategy (formerly MicroStrategy) this time increased its holding of 4,980 bitcoins (totaling $5.319 billion) with the acquisition funds sourced from the ATM (at-the-market) sales of its Class A common stock MSTR, convertible preferred stock STRK, and perpetual Strife preferred stock STRF. Last week, the Strategy company sold about $5.195 billion worth of 1,354,500 shares of MSTR stock. The company stated that as of June 29th, there is still $18.1 billion worth of MSTR stock available for issuance and sale under this plan.

The Strategy company also sold about $28.9 million worth of 276,071 shares of STRK stock, with $20.5 billion worth of STRK stock still available for issuance and sale under this plan. At the same time, the company sold $29.7 million worth of 284,225 shares of STRF stock, with $19 billion remaining under this plan.

The Strategy company's STRK and STRF perpetual preferred stocks have ATM issuance plans of $21 billion and $21 billion, respectively, as a supplement to the company's "42/42" plan. The "42/42" plan aims to raise $84 billion through equity issuance and convertible notes for bitcoin purchases (originally a "42/42" $42 billion plan, expanding after the equity portion is exhausted), with a target completion deadline of 2027.