{"content":"🏦 Strategy Doubles Down After Bitcoin’s ATH — $2.1B Bet Signals Big Confidence Strategy agreed to sell up to 10% of its STRF shares in a $2.1 billion deal. The corporation will utilize selling revenues to increase its Bitcoin holdings beyond 576,230 BTC. Bitcoin trades at $111,400, below its all-time high of $111,800 after the news. Bitcoin (BTC) is trading at $111,400 on Thursday after Strategy (previously MicroStrategy) said it would sell up to $2.1 billion of its Series A permanent Strife preferred shares (STRF) to enhance its Bitcoin holdings. Strategy to sell $2.1 billion STRF preferred shares for Bitcoin growth Business analytics provider Strategy said it will sell up to 10% of its perpetual strife preferred stock. The $0.001 per share sale will generate $2.1 billion to expand its Bitcoin holdings and finance operations. "The perpetual strife preferred stock, subject to the terms and conditions of the sales agreement, may be sold by agents by any method that is deemed a 'at the market offering,'" Strategy said in a statement. Strategy has rapidly added Bitcoin to its holdings in recent weeks, investing $764.9 million on 7,390 BTC at $103,498 each. The corporation owns 576,230 BTC, 2.74% of Bitcoin's supply, bought for almost $40 billion. At current market values, the position is worth $64 billion, indicating a $24 billion unrealized profit. The company's Bitcoin approach continues to inspire other companies to add Bitcoin to their treasuries. Governments and businesses consider its stock a proxy for Bitcoin's price. Buying pressure from Strategy and firms copying its approach helped Bitcoin rise over the previous month. The top crypto reached an all-time high of $111,800 on Wednesday night, up almost 50% from $74,500 #SaylorBTCPurchase #BTCBreaksATH110K #DinnerWithTrump #MerlinTradingCompetition $BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/23/67f26feac9fc493390805f884e9f0ebc.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}