Share this article

Strategy Expands Bitcoin Holdings With Latest Multi-Million Dollar Purchase

Company buys additional BTC via stock offerings, bringing total holdings to record levels.

Updated May 19, 2025, 1:35 p.m. Published May 19, 2025, 12:09 p.m.
Photo of Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De)

What to know:

  • Strategy (MSTR) has acquired 7,390 BTC for approximately $764.9 million at an average price of $103,498 per bitcoin, according to a Monday filing.
  • The acquisition—funded through an at-the-market (ATM) offering of Class A common stock and the issuance of Series A STRK preferred stock—brings Strategy’s total holdings to 576,230 BTC.

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR)

Strategy (MSTR) has purchased 7,390 BTC for approximately $764.9 million at an average price of $103,498 per bitcoin, according to a filing on Monday.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

This latest acquisition increases the company’s total bitcoin holdings to 576,230 BTC, now valued at roughly $59 billion based on the current market price of around $103,000 per bitcoin. The average purchase price of Strategy’s entire bitcoin position now stands at $69,726

The purchase was financed through an at-the-market (ATM) offering of its Class A common stock, as well as the issuance of Series A STRK preferred stock. Between May 12 and May 18, Strategy raised $705.7 million from the sale of common stock and issued 621,555 shares of its STRK preferred stock.

Bitcoin is trading near $103,000, while shares of MSTR are down more than 1% in pre-market trading.

More For You

BitSeek: Decentralized AI Infrastructure Revolutionizing the Web3 Industry

More For You

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

alt

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

What to know:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.