Catenaa, Tuesday, May 13, 2025-Strategy, the bitcoin treasury firm formerly known as MicroStrategy, has purchased an additional 13,390 bitcoin for approximately $1.34 billion, according to a Monday filing with the US Securities and Exchange Commission.
The acquisition, made between May 5 and May 11 at an average price of $99,856 per coin, brings the company’s total bitcoin holdings to 568,840 BTC.
The latest acquisition was financed through sales of Strategy’s Class A common stock (MSTR) and perpetual preferred stock (STRK). The company sold over 3.2 million MSTR shares for $1.31 billion and 273,987 STRK shares for about $25.1 million. Strategy disclosed it still has $19.69 billion in MSTR and $20.85 billion in STRK authorized for future sale.
With an average purchase price of $69,287 per bitcoin, Strategy’s total bitcoin stash is now worth more than $59 billion.
Co-founder and Executive Chairman Michael Saylor said the firm has acquired 303,230 BTC in just the past six months, now controlling more than 2.7% of bitcoin’s total supply.
Strategy is accelerating its aggressive “42/42” capital plan to raise $84 billion through equity and convertible notes for bitcoin purchases by 2027.
The initiative replaces its earlier $42 billion “21/21” plan, which has been fully executed.
Despite posting a $4.2 billion net loss in Q1, largely from unrealized BTC losses under new accounting rules, Strategy’s market cap of $113.7 billion remains nearly twice the value of its bitcoin assets. Analysts say the company’s low debt load and delayed maturities enable continued buying.
The broader bitcoin treasury trend is growing, with over 70 companies now holding BTC. Analysts at Bernstein project Strategy-led firms could add $330 billion in bitcoin over five years amid improving U.S. crypto sentiment.
