Strategy has recently acquired 1,045 Bitcoin for $110.2 million as part of its ongoing accumulation strategy, raising its total holdings to 582,000 BTC. The acquisition was made at an average price of $105,426 per coin, bringing the total investment to approximately $40.79 billion at an average price of around $70,086 per BTC. This marks the ninth consecutive week of Bitcoin purchases by Strategy, aligning with the cryptocurrency's approach to its all-time high once again. The company intends to use the proceeds from an upcoming stock offering to finance further Bitcoin acquisitions. This offering, which will issue 11.76 million shares of its 10.00% Series A Perpetual Stride Preferred Stock at $85 per share, is expected to generate around $979 million after expenses. The offering has been structured to attract institutional investors by providing non-cumulative dividends of 10%.

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