Strategy (NASDAQ:MSTR) executive chairman Michael Saylor is increasingly turning to alternative funding channels to finance its Bitcoin (CRYPTO: BTC) purchases, signaling a shift away from heavy reliance on equity dilution.
Funding Shift Emerges
In a Mar.19 post on X, CryptoQuant data showed the company bought nearly 18,000 BTC in the week of Mar. 8 and more than 22,000 BTC the following week, its largest weekly accumulation since November 2024.
While the scale of buying stands out, the funding mix marks the bigger shift.
Historically, Strategy financed Bitcoin purchases largely through issuing MSTR shares, diluting existing shareholders. Recent data, …