Strategy Inc completed a sizable at-the-market (ATM) offering between January 12 and 19, 2026, raising approximately $2.1 billion through the sale of various securities. The capital secured was utilized to acquire an additional 22,305 bitcoins, increasing the company's total holdings to 709,715 bitcoins. The firm details the availability of diverse preferred stock tranches under its ATM program and continues transparent disclosure of its market activities via a dedicated online dashboard.
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Key Points
- Strategy Inc generated $2.1 billion via an at-the-market equity offering from January 12 to January 19, 2026, by selling common and preferred shares.
- The proceeds were used to acquire 22,305 bitcoins at an average price of approximately $95,284 per bitcoin, increasing their total bitcoin holdings to 709,715 coins.
- The company offers multiple types of preferred stock available for issuance under its ATM program and ensures transparent market disclosures through a publicly accessible dashboard.
Between January 12 and January 19, 2026, Strategy Inc launched an extensive equity offering under its at-the-market (ATM) program, during which it sold multiple classes of stock to raise around $2.1 billion. A regulatory filing reveals that 2,945,371 shares of STRC stock generated approximately $294.5 million in notional value with net proceeds amounting to $294.3 million. Additionally, 38,796 shares of STRK stock were sold for a notional value near $3.9 million, resulting in net receipts of $3.4 million. The most significant portion comprised the sale of 10,399,650 shares of common stock (MSTR), from which the company netted $1.83 billion in proceeds.
The funds obtained were promptly directed toward cryptocurrency acquisitions. During the same period, Strategy procured 22,305 bitcoins at an overall cost of roughly $2.13 billion, implying an average purchase price close to $95,284 per bitcoin. This investment elevated Strategy's bitcoin inventory to a total of 709,715 bitcoins as of January 19, 2026. Including this recent addition, the company's aggregate acquisition cost for its entire bitcoin portfolio amounts to approximately $53.92 billion, averaging $75,979 per bitcoin when accounting for all fees and expenses.
Beyond common shares, Strategy Inc retains a portfolio of preferred stock options accessible through its ATM platform. Available quantities include STRF stock with an issuance capacity of $1.62 billion, STRC stock at $3.63 billion, STRK stock offering up to $20.33 billion, and STRD stock capped at $4.01 billion. The firm maintains transparency by updating a comprehensive dashboard on its website, providing the public with real-time data on market prices of these securities, bitcoin acquisitions and holdings, and other pertinent financial metrics.
Risks
- The significant investment in bitcoin exposes Strategy Inc to cryptocurrency market volatility which could impact their portfolio value.
- Dependence on equity offerings for capital raises could affect shareholder dilution and market perception of Strategy Inc.
- Fluctuations in preferred stock issuance availability and market reception could influence the company's financing flexibility.