Strategy (NASDAQ: MSTR) acquired 3,015 Bitcoin for $204.1 million during the week of February 23 at an average cost $67,700 per coin. The company also announced changes to its dividend-paying preferred stocks.
The original bitcoin treasury company funded the purchase through an at-the-market stock offerings that generated $237.1 million in net proceeds.
These offerings included 1.73 million shares of MSTR for $229.9 million in net proceeds, as well as 71,590 shares of its STRC preferred stock for $7.1 million in net proceeds.
As of Sunday, Strategy holds 720,737 Bitcoin worth some $49.5 billion, purchased at an average price of $75,985 per coin.
Strategy previously purchased 1,734 bitcoin across two other tranches in February for roughly $130 million. So far in 2025, Strategy has purchased 48,237 BTC for $4.33 billion at an average cost of $81,860 per coin.
Per an announcement on its website, Strategy also increased the regular dividend rate for its Variable Rate Series A Perpetual Stretch Preferred Stock from 11.25% to 11.50%. The new rate became effective for monthly periods commencing on or after Sunday.
Strategy’s board also declared cash dividends across its multiple preferred stock lines, payable on March 31. Strategy will pay $2.50 per share for STRF, $0.958 for STRC, €2.50 for STRE, $2.00 for STRK, and $2.50 for STRD.
Header image by Gage Skidmore via Creative Commons.
