Key Highlights
- Strategy Inc. expanded its digital treasury to 713,502 BTC during a period of intense market volatility.
- The company financed the $75.3 million purchase exclusively through the sale of common stock via an at-the-market offering.
- Management raised the dividend rate on its perpetual preferred stock to 11.25%, strengthening its capital-raising engine to support future bitcoin accumulation
Strategy Inc., a Bitcoin (BTC) treasury firm, announced that it expanded its digital asset treasury by purchasing an additional 855 BTC for about $75.3 million. The acquisition, disclosed on Monday, took place between January 26 and February 1 at an average price of $87,974 per coin.
The purchase was funded through the sale of shares in the company’s at-the-market (ATM) offering program. This maintains Strategy’s position as the largest corporate holder of Bitcoin. The move continues the firm’s strategy despite the recent market drop, where BTC plummeted from its 2025 highs to briefly touch levels below $76,000.
The acquisition comes at a time of extreme market volatility. On January 30, Strategy Inc.’s stock experienced an 11% drawdown as Bitcoin fell below the $85,000 level, which shows the correlation between the company’s stock and the asset.
Coin basis update
As of February 1, Strategy Inc.’s total holdings reached 713,502 BTC, which represents an investment of roughly $54.26 billion. The average price comes to $76,052 per BTC.
In its latest filing, the company reported generating $106.1 million in net proceeds by selling 673,527 shares of its Class A common stock to fund these new purchases.
In addition to common stock sales, Strategy Inc. manages several classes of preferred stock, including its Series A Perpetual Stretch Preferred Stock. The company recently raised the dividend rate for this particular security to 11.25% per year, effective February 1.
The change suggests the company is encouraging traditional investment to support its ongoing digital asset purchases while still having a significant amount of “available for issuance” capacity across its different types of securities.
Recent purchases
Strategy Inc. has continued its accumulation of Bitcoin in recent weeks. On January 20, the company surpassed 700,000 BTC in total holdings with a purchase of $2.13 billion. A week later, on January 27, it announced the acquisition of another 2,932 Bitcoin for $264 million. These successive large-scale acquisitions point to a period of heightened activity for the company.
Similarly, OranjeBTC, a Brazil-based Bitcoin treasury company, announced that it has continued its Bitcoin accumulation strategy. The firm has updated its reserves to 3,722.3 BTC, with a portfolio composition of around 43,604 shares per bitcoin.
These numbers make a cumulative BTC yield of 2.50%, with the company posting a Q1 26 yield of 0.11% as of early February. This simultaneous activity shows a general market trend in which Bitcoin-related companies are utilizing the market crash to their advantage, like Strategy Inc.
Bitcoin price update
At the time of writing, Bitcoin is trading at $77,893, reflecting a decline of approximately 0.43% over 24 hours. The total market capitalization stands at $1.55 trillion, representing a 0.5% decline. The circulating supply remains at 19.98 million BTC out of the total 21 million BTC.
Strategy Inc. currently owns about 3.4% of the overall Bitcoin supply.
The firm’s filings show it has billions of dollars left for future stock issuances. Specifically, over $8 billion remains in its common stock ATM program, while over $20 billion is available for its 8.00% Series A Perpetual Strike Preferred Stock. This shows that the firm will continue its buying spree despite the price fluctuations in the crypto market.
Also Read: Bitcoin Drops 7%: $1.7B Liquidated as Markets Panic Over Potential Fed Pick
