Strategy (MSTR) Expands Bitcoin Holdings by $255 Million as Treasury Yield Surges to 9.6%
Summary
Strategy (MSTR) has bolstered its treasury by acquiring 3,273 additional Bitcoin for $255 million, funded through the sale of Class A common stock. This brings the company's total holdings to 818,334 BTC, representing roughly 3.9% of the total Bitcoin supply and surpassing the holdings of BlackRock's iShares Bitcoin Trust. The firm's proprietary "Bitcoin Yield" metric has risen to 9.6%, underscoring its strategy of accumulation under Executive Chairman Michael Saylor, who aims to control between 5% and 7% of all Bitcoin.
(Source:Bitcoin Magazine)