
Strategy now holds the impressive sum of $65 billion in bitcoin, securing its position as the eleventh-largest corporate treasury in the United States. This enormous reserve closely mirrors NVIDIA’s holding of $66 billion in cash and cash equivalents.
It’s worth noting that Strategy, previously known as MicroStrategy, has been aggressively pursuing a crypto-centered treasury strategy. Its financial products and fundraising efforts have managed to outperform various key benchmarks.
The company’s bitcoin yield goal for 2025 stands at an impressive 25%. As of its latest investor update, this objective is already almost reached, having hit the mark of 19.7%.
Strategy has also been actively issuing a variety of perpetual preferred stocks. The STRK, STRF, and STRD offerings have outperformed the iShares Preferred and Income Securities ETF (PFF), which serves as its benchmark.
As for the company’s capital plan, Strategy has already released $23.9 billion. It is set to raise an additional $34.1 billion through fixed-income instruments.
The launch of an at-the-market equity program will provide a flexible means of raising funds from institutional investors, supporting further accumulation of bitcoin within its treasury.
It appears that the company’s confidence in digital assets as reserve tools has only grown stronger over time. It continues to believe that Bitcoin will serve as a vital component of corporate capital management.
With Strategy holding the 11th position in terms of U.S. corporate treasuries, it has effectively taken control of the crypto market.
Source: cryptotale.org