Routine Accumulation Persists

Strategy continues treating Bitcoin accumulation as its core corporate mandate, with incremental purchases funded from existing cash, at-the-market equity capacity, or small preferred offerings. The latest $28.7 million buy is modest relative to its 848,000 BTC position, so the most likely path is continuity rather than a major strategic change.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.