B HODL stock climbs 67% in a month on MicroStrategy model

B HODL stock climbed 67% in a month. The company announced a purchase of 1 BTC on Thursday. The purchase lifted its treasury to 167.487 BTC. B HODL trades on the Aquis Stock Exchange. The company completed its second at-the-market equity programme. The company part-funded the purchase through that programme. The Capital Deployment Programme covered the rest. B HODL paid £57,680 for the Bitcoin. The company said that equaled about $77,772. Its average cost was near $110,129 per Bitcoin. Its treasury therefore remained roughly 29% underwater. Bitcoin traded near $77,658 on Thursday. Bitcoin was up 0.3% on the day. Bitcoin had gained 22% in a month. Sats per share rose to 120.16 from 117.77 at the end of April. B HODL raised about £48,300 through the ATM programme. The company sold 600,000 shares at an average 8.06 pence. MicroStrategy pioneered the ATM tool. Adam Back endorsed the approach. Adam Back is the Blockstream chief executive. Adam Back also backs European treasury vehicles directly. He funded a Capital B raise worth €7.6 million on Wednesday. B HODL closed at 8.84p on Wednesday. The stock rose 4% that day. The stock rose 11.11% on Tuesday. Michael Saylor said his firm held more reserve capital than every S&P 500 financial except Berkshire Hathaway. Saylor pointed to 845,050 Bitcoin. MicroStrategy designed the metric used for that claim. MSTR slipped 2.1% on Wednesday. Analysts called treasury stocks a textbook bubble chart in June. Market net asset value pressure has persisted since. ATM 2 delivered roughly 135 sats for each new share. ATM 3 opens on about September 8 with the same test attached.