Strategy buys $1.34b more Bitcoin, total holdings near $60b

Strategy, the company formerly known as MicroStrategy, has purchased an additional 13,390 Bitcoin for roughly $1.34 billion, according to a May 12 SEC filing. 

The purchase brings the firm’s total holdings to 568,840 Bitcoin (BTC), worth over $59 billion at current prices.

Executive Chairman Michael Saylor announced the acquisition on X, stating the coins were acquired at an average price of $99,856 per BTC. 

The company now holds its Bitcoin at an average cost basis of $69,287, with a year-to-date yield of 15.5% in 2025.

The purchase was financed through the sale of 3.22 million shares of common stock and 273,987 shares of its Series STRK preferred stock, raising $1.34 billion between May 5 and May 11. 

The firm still has over $40 billion worth of stock authorized for future issuance across both classes, according to filings. 

Shares of Strategy are up 1.65% in premarket trading.

Strategy’s aggressive BTC buying

Strategy has aggressively acquired Bitcoin since 2020 and remains the largest public holder of the asset. The company’s MSTR shares rose 2% in pre-market trading on the news.

With Bitcoin currently trading near $104,000, Strategy’s Bitcoin treasury represents a major bet on the cryptocurrency’s long-term value. 

The firm has continued to finance purchases through stock offerings, signaling that it sees Bitcoin as a better store of value than cash or other corporate reserves.