Key Notes
- Strategy doubles down on its Bitcoin acquisition plans, filing for a $21 billion fundraise.
- The firm holds 499,096 BTC valued at $41.41 billion at an average purchase price of $66,357.
- Strategy’s MSTR stock is under selling pressure, dropping 6.38% in pre-market trading as Bitcoin continues its decline.
Michael Saylor’s Strategy (MSTR) made a fresh announcement earlier today with the goal to raise $21 billion through a preferred stock offering for Bitcoin BTC $81 857 24h volatility: 0.8% Market cap: $1.62 T Vol. 24h: $56.76 B purchases and other operational use.
According to its recent press release and filing with the U.S. Securities and Exchange Commission (SEC), Strategy has entered a sales agreement allowing the firm to issue and sell shares of its 8% series A perpetual strike preferred stock at just $0.001 per share.
Strategy also plans to sell perpetual strike preferred stock through its ATM Program in a measured and strategic manner, taking into account the stock’s trading price and volume at the time of sale.
The firm stated that proceeds from the ATM Program will be allocated to general corporate purposes, including the acquisition of Bitcoin and funding for working capital needs.
Despite the severe correction in Bitcoin price and market volatility, Michael Saylor seems confident about his BTC accumulation strategy. The firm has been consistently purchasing Bitcoin almost every week in 2025.
As of now, Strategy (MSTR) holds a total of 499,096 BTC worth a total of $41.41 billion as of the current market price, with an average buying price of $66,357.
Michael Saylor’s Strategy Sees $3 Billion Loss on Recent Bitcoin Purchases
Although the firm sits at 25% appreciation on its BTC stockpile, all Bitcoin acquired since November 2024 are currently under loss.
Following Donald Trump’s victory in the 2024 US presidential elections, Strategy aggressively purchased a total of 246,876 Bitcoin at an average price of $94,035, and a net investment value of $23.2 billion.
Considering the BTC price correction, this investment is now worth $20.2 billion, meaning that the firm sits on an unrealized loss of $3 billion on BTC acquired in the past four months.
MSTR Stock Faces Strong Selling Pressure
Amid the massive sell-off on Wall Street, Strategy’s MSTR stock has come under huge selling pressure, trading 6.38% down in the pre-market hours on Monday. This happened as the Bitcoin price also plummeted all the way to $80,000 in an overnight trading session on Sunday.
Market analysts are predicting a further fall in Bitcoin’s price to $75,000, which can lead to a similar selling pressure on the MSTR stock moving ahead.
Some market analysts also believe that if BTC falls under Strategy’s average buying price of $66,000, it can trigger a massive Bitcoin sell-off by the firm to protect the MSTR stock from a free-fall, which can trigger a chain reaction.
On the other hand, Strategy founder Michael Saylor has been advocating for the U.S. government to acquire 25% of the Bitcoin supply over the next decade as part of Trump’s “Strategic Bitcoin Reserve.”
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