Strategy's Bitcoin Holdings Are Staggering! Twice the U.S. Government's Holdings, and Still Growing!

TradingKey
Updated
Mitrade
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Source: DepositPhotos

TradingKey - Strategy Inc(MSTR)holds nearly 500,000 Bitcoin, more than double the U.S. government's holdings, and its accumulation shows no signs of stopping.  


On Tuesday, Strategy Inc announced the issuance of 5 million shares of undated preferred stock, known as "Series A Perpetual Contingent Preferred Stock (STRF)," to raise funds for continued Bitcoin (BTC)  purchases.


Last week (March 10–16), Strategy spent approximately $10.7 million to acquire 130 additional Bitcoin at an average price of $82,981. As of now, Strategy holds a total of 499,226 Bitcoin, far surpassing the U.S. government's 207,189 BTC.


Known as the "Bitcoin shadow stock," Strategy's price movements do not always align perfectly with Bitcoin's, often showing greater resilience. Year-to-date, Strategy's stock has fallen about 5%, while Bitcoin has dropped over 11%.


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Strategy Stock Price Chart, Source: TradingView.


* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

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