The Historical 16% Rate

Michael Saylor’s Strategy has increased Bitcoin holdings by an average of 16% quarter-over-quarter since 2020. 

In Q1, the company acquired 88,568 Bitcoin, the second-best quarter ever despite Bitcoin trading 45% below all-time highs.

The company holds 761,068 Bitcoin as of March 18. Acquiring another 100,000 Bitcoin this quarter would bring holdings to 860,000, putting the company one quarter away from 1 million by September.

Strategy raised $1.5 billion last week, with $1.18 billion coming from STRC preferred stock versus $396 million from common stock. 

This marks the first time the company used preferred stock as the primary funding vehicle, a shift that…

Read more on Benzinga