MicroStrategy is shifting its funding mix for Bitcoin acquisitions to reduce reliance on equity issuance. The company now utilizes alternative channels, including STRC-related instruments, to minimize shareholder dilution.

MicroStrategy acquired nearly 40,000 BTC during a two-week period in March 2026. This purchase represents the company's largest accumulation since late 2024.

The new strategy alters the risk profile for investors regarding debt levels and ownership stakes. Shareholders must now weigh increased leverage against the potential upside of the company's expanding Bitcoin holdings.