Strategy has increased its Bitcoin holdings by $1.34 billion, bringing the total value of its crypto assets close to $60 billion
According to a May 12 SEC filing, Strategy, the company that was previously known as MicroStrategy, has acquired an additional 13,390 Bitcoin for approximately $1.34 billion.
The acquisition increases the company’s total Bitcoin holdings to 568,840, which are currently valued at over $59 billion.
The acquisition was announced by Executive Chairman Michael Saylor on X, who stated that the coins were acquired at an average price of $99,856 per BTC.
The current average cost basis of the company’s Bitcoin is $69,287, with a year-to-date yield of 15.5% in 2025.
The purchase was funded by the sale of 3.22 million shares of common stock and 273,987 shares of its Series STRK preferred stock, which raised $1.34 billion between May 5 and May 11.
According to filings, the organization continues to have over $40 billion in authorized stock for future issuance in both classes.
In premarket trading, Strategy’s shares have increased by 1.65%.
The strategy’s aggressive acquisition of Bitcoin
Strategy has been the largest public proprietor of Bitcoin since 2020 and has aggressively acquired the asset. The news resulted in a 2% increase in the company’s MSTR shares in pre-market trading.
Strategy’s Bitcoin treasury is a substantial investment in the cryptocurrency’s long-term value, as Bitcoin is presently trading at approximately $104,000.
The company has maintained its pattern of financing acquisitions through stock offerings, indicating that it regards Bitcoin as a superior store of value in comparison to cash or other corporate reserves.