Strategy, formerly known as MicroStrategy, has announced the purchase of an additional 13,390 Bitcoin for approximately $1.34 billion, as detailed in a May 12 SEC filing. This acquisition brings the company’s total Bitcoin holdings to 568,840 BTC, valued at over $59 billion at current market prices.
Executive Chairman Michael Saylor shared the news on X, revealing that the coins were bought at an average price of $99,856 per BTC. With this latest purchase, Strategy now holds its Bitcoin at an average cost basis of $69,287, reflecting a 15.5% yield year-to-date in 2025.
The acquisition was funded through the sale of 3.22 million shares of common stock and 273,987 shares of its Series STRK preferred stock, raising the $1.34 billion needed for the purchase between May 5 and May 11. The company still retains authorization for over $40 billion in stock issuance across both classes, as outlined in its regulatory filings.
Following the announcement, Strategy’s shares rose by 1.65% in premarket trading.
Strategy’s Aggressive Bitcoin Strategy
Strategy has maintained an aggressive stance on Bitcoin accumulation since 2020, cementing its position as the largest publicly traded holder of the cryptocurrency. This latest purchase underscores the company’s continued confidence in Bitcoin as a superior store of value compared to traditional cash reserves or other corporate investments.
The company has repeatedly financed its Bitcoin acquisitions through stock offerings, indicating a strong commitment to increasing its crypto holdings. With Bitcoin trading near $104,000, Strategy’s BTC treasury represents a strategic long-term investment aligned with its bullish outlook on digital assets.
For more insights on Strategy’s Bitcoin acquisitions and its impact on the crypto market, visit TheCoinInfo.
