Catenaa, Tuesday, May 27, 2025-Strategy, the Bitcoin treasury firm co-founded by entrepreneur Michael Saylor, has acquired 4,020 bitcoins for roughly $427.1 million, boosting its total holdings to a staggering 580,250 BTC, the company announced Monday.
The latest purchase, made at an average price of $106,237 per bitcoin, was funded through the sale of common stock and preferred stock offerings, including its Series A perpetual strife preferred shares. The acquisition brings Strategy’s total bitcoin investment to approximately $40.61 billion, with the firm now holding nearly 3% of bitcoin’s finite 21 million supply.
Strategy raised capital last week through the sale of 847,000 MSTR shares, generating $348.7 million, alongside 678,970 STRK shares and 104,423 STRF shares, netting $67.9 million and $10.4 million, respectively. This follows a broader $2.1 billion offering announced under its “42/42” capital plan aimed at accelerating bitcoin purchases through 2027.
The company’s aggressive acquisition strategy, coupled with a significant rise in bitcoin prices, has generated over $22.7 billion in unrealized gains. Over the past week, bitcoin rose 6.5% to $109,884. Despite this, Strategy’s shares (MSTR) slid 7% in pre-market trading Monday.
More than 70 companies now hold bitcoin in their treasuries, inspired by Strategy’s model. Analysts at Bernstein project these “Strategy copycats” could inject $330 billion into bitcoin’s market cap over the next five years, solidifying the cryptocurrency’s institutional foothold.
