Strategy Inc (NASDAQ:MSTR) is among the best cryptocurrency stocks to buy right now. The stock has gained around 28% over the past month.

On April 21, Strategy Inc (NASDAQ:MSTR) disclosed in regulatory filings that it recently purchased $2.54 billion worth of Bitcoin. This purchase was made in the week ending April 19, according to the SEC filing, and it marked the company’s largest Bitcoin acquisition since November 2024.

In the latest purchase, Strategy added 34,164 Bitcoin to its digital asset treasury. It purchased each Bitcoin at an average price of $74,395, including fees and expenses. With this purchase, the company boosted its crypto treasury holding to 815,061 Bitcoin, with $61.56 billion in aggregate purchase price.

Strategy sold various securities in order to fund its latest Bitcoin purchases. It sold around 22 million shares of its STRC stock for $2.2 billion, and sold 2.2 million shares of its MSTR stock for $366 million.

The company has more than $30 billion worth of securities available for potential future sales for fundraising under its at-the-market offering program.

In other news, Cantor Fitzgerald applauded Strategy’s plan to change the schedule of its preferred equity dividend. On April 20, Cantor reiterated its Overweight rating on Strategy Inc (NASDAQ:MSTR), with analyst Ramsey El-Assal commenting positively on the planned dividend schedule change.

Strategy has proposed to pay dividends on its STRC preferred stock on a semi-monthly schedule instead of the current monthly schedule. This change is expected to help reduce volatility in Strategy’s MSTR common stock. Shareholders are scheduled to vote on this proposal on June 8.

Strategy Inc (NASDAQ:MSTR), based in Virginia, is a software services and Bitcoin treasury company. It provides AI-powered business intelligence software to enterprise customers. Its digital assets unit buys and accumulates Bitcoin as a treasury asset.

While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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