Strategy reaches 640.418 BTC after $19 million purchase

• Strategy expands Bitcoin treasury to 640.418 BTC
• Purchase financed by perpetual preferred shares STRK, STRF, STRD
• Plan 42/42 targets $84 billion to acquire more BTC

Strategy (formerly MicroStrategy) added 168 BTC between October 13rd and 19th for approximately $18,8 million, at an average price of $112.051 per bitcoin. With the new acquisition, the company now holds 640.418 BTC valued at approximately $71,1 billion, with an average carry price of $74.010 per BTC and a total cost of approximately $47,4 billion, including fees and expenses.

According to the company, the transaction was financed by perpetual preferred stock sale programs. The Strike (STRK), Strife (STRF), and Stride (STRD) classes participated in this round, structured to increase capital flexibility and sustain the pace of purchases during volatile periods.

Strategy has acquired 168 BTC for ~$18.8 million at ~$112,051 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025. As of 10/19/2025, we hodl 640,418 $ BTC acquired for ~$47.40 billion at ~$74,010 per bitcoin. $ MSTR $STRC $STRK $STRF $STRD https://t.co/UILBHXkA6a

— Michael Saylor (@saylor) October 20, 2025

The ATM preferred share programs total limits of US$21 billion (STRK), US$4,2 billion (STRC), US$2,1 billion (STRF), and US$4,2 billion (STRD). They are in addition to the "42/42" plan, which foresees a total raising of US$84 billion in equity and convertible note offerings by 2027, expanding from the initial "21/21" plan after the capital portion is consumed.

Each class meets different profiles: STRD is non-convertible, with a 10% non-cumulative dividend and a higher risk-return profile; STRK is convertible, with an 8% non-cumulative dividend and potential for equity appreciation; STRF is non-convertible, with a 10% cumulative dividend, positioned as the most conservative option; STRC is a variable-rate cumulative preferred with monthly payment, adjusted to maintain the value close to par.

In a recent update, the company announced the purchase of 220 BTC for approximately $27,2 million, signaling the continuation of its strategy. Co-founder Michael Saylor reinforced the appetite by stating, "The most important orange dot is always the next one."

In the listed treasury ecosystem, sector data points to 190 companies with bitcoin allocations. Among the largest holders are MARA (53.250 BTC), Twenty One (43.514 BTC), Metaplanet (30.823 BTC), Bitcoin Standard Treasury Company (30.021 BTC), Bullish (19.287 BTC), Riot Platforms (15.000 BTC), Trump Media & Technology Group (13.011 BTC), CleanSpark (11.776 BTC), and Coinbase (11.776 BTC), with Strategy itself leading the way.

Despite the growth in reserves, several of the group's shares have declined since their summer highs. Strategy itself has seen a significant decline in the period, even with Bitcoin's year-to-date surge, as investors adjust expectations to macro factors and trade tensions between the US and China.