Strategy Raises ATM Proceeds, Adds 196 BTC

Strategy Inc. purchased 196 BTC for $22.1 million during the week ending Sept. 28 at an average price of $113,048, bringing its reported holdings to 640,031 BTC. The firm's aggregate Bitcoin purchase cost is about $47.35 billion, an average cost basis of roughly $73,983 per coin, and its stake represents more than 3% of Bitcoin's 21 million supply. The buy was funded via at‑the‑market offerings of common stock (MSTR) and perpetual preferred issuances (STRF/STRD); Strategy raised roughly $128.1 million in ATM proceeds that week but deployed only $22.1 million to the crypto purchase. The addition was among the company's smaller weekly acquisitions amid a recent slowdown, and co‑founder Michael Saylor reiterated a bullish outlook that Bitcoin could resume gains toward year‑end. Strategy's stock (MSTR) has lagged and faced pressure, weighing on the company's market‑adjusted NAV despite large unrealized crypto gains.