Overview
- Strategy, formerly MicroStrategy, purchased 13,390 BTC for $1.34 billion between May 5–11, 2025, at an average price of $99,856 per bitcoin.
- The acquisition brings Strategy’s total Bitcoin holdings to 568,840 BTC, valued at over $59 billion based on current prices.
- The purchase was funded through an at-the-market offering of Class A common stock and the issuance of 273,987 shares of Series STRK preferred stock, raising $1.31 billion.
- Shares of Strategy (MSTR) rose 2% in pre-market trading following the announcement, reflecting continued investor confidence in the firm’s Bitcoin-focused strategy.
- Founder Michael Saylor has maintained a bullish long-term outlook on Bitcoin, positioning it as the company’s primary treasury reserve asset and projecting significant future price growth.