JUST IN : ₿ Strategy Buys 4,603 BTC for $369.7M

Corporate treasury Strategy (formerly MicroStrategy) now holds 845,050 BTC — over 4.02% of all Bitcoin that will ever exist (1 in every 25 BTC).

Funded via ATM equity sales.

Key context:
• Holdings: 845,050 BTC (~$67.3B)
• 4%+ of 21M supply = strong supply floor
• MSTR stock -63% from 2025 peak
• Premium to NAV now 1.07x (was 2.5x+) — market pricing it almost at spot value

Bullish for BTC supply dynamics, but dilution risk for MSTR holders — you're paying almost NAV for indirect exposure.

$BTC $MSTR