Strategy adds 1,895 BTC, Semler 167 BTC amid corporate Bitcoin push

Strategy added 1,895 Bitcoin using stock sale proceeds, while Semler Scientific boosted its holdings to 3,634 BTC, highlighting rising corporate adoption.

Michael Saylor’s Strategy, formerly known as MicroStrategy, acquired an additional 1,895 Bitcoin (BTC) last week, spending roughly $180.3 million between April 28 and May 4, according to a filing with the SEC on Monday. 

The average purchase price was $95,167 per Bitcoin.

The company funded the purchase by selling 353,825 shares of its MSTR common stock and 575,392 shares of STRK preferred stock. The equity sale was part of Strategy’s ongoing capital-raising programs aimed at increasing its bitcoin reserves. 

With this transaction, the company has now exhausted the MSTR portion of its “21/21 Plan,” a campaign launched to raise $42 billion for bitcoin purchases. The STRK component still has $20.87 billion in remaining capacity.

In response, Strategy has initiated a new “42/42 Plan,” which aims to raise another $42 billion through a combination of equity and debt offerings over the next two years. The firm continues to issue both STRK and STRF perpetual preferred shares to support additional bitcoin acquisitions.

Strategy now holds a total of 555,450 BTC, acquired at an aggregate cost of $38.08 billion. With bitcoin trading around $94,000, the company’s holdings are currently valued at over $52 billion — representing an unrealized gain of approximately $14.2 billion. 

That stash accounts for over 2.6% of bitcoin’s total circulating supply.

Semler Scientific expands BTC treasury position

Joining the growing list of corporate bitcoin holders, Semler Scientific disclosed the purchase of 167 bitcoin for $16.2 million last week. 

The company now holds 3,634 BTC in total and has generated a 22.2% year-to-date yield on its bitcoin holdings, making it the fourth-largest public bitcoin treasury in the U.S.