In a bold move that underscores its unwavering commitment to Bitcoin, MicroStrategy—now rebranded as "Strategy"—has once again expanded its cryptocurrency holdings. Between May 5 and May 11, 2025, the company acquired an additional 13,390 BTC at an average price of $103,884 per coin, amounting to a total investment of approximately $1.34 billion.
MicroStrategy acquires 13,390 more BTC worth $1.34B
A Strategic Acquisition Amid Market Resurgence
This latest purchase comes on the heels of Bitcoin's resurgence past the $100,000 mark on May 8, 2025, signaling renewed investor confidence in the cryptocurrency market. Strategy's acquisition not only capitalizes on this upward momentum but also reinforces its position as a leading corporate holder of Bitcoin.
With this addition, Strategy's total Bitcoin holdings have increased by 2.4%, bringing the company's total to 568,840 BTC. The cumulative investment in these holdings stands at approximately $39.4 billion, with an average purchase price of $69,287 per BTC.
Funding the Bitcoin Accumulation
To finance this substantial acquisition, Strategy employed a combination of capital-raising strategies. The company sold 3.22 million shares of its MSTR stock and issued 273,987 shares of its STRK stock as part of its second $21 billion fundraising initiative aimed at bolstering its Bitcoin reserves.
This approach reflects Strategy's aggressive and innovative methods of leveraging equity markets to support its cryptocurrency investment strategy.
Achieving Targeted Bitcoin Yield
Michael Saylor, Executive Chairman of Strategy, announced that with this recent purchase, the company has achieved its targeted Bitcoin yield for 2025. The Bitcoin yield metric has risen to 15.5%, aligning with the company's goal to maintain a 15% yield throughout the year.
This accomplishment underscores Strategy's effective management of its Bitcoin investment strategy, balancing acquisition timing with market conditions to optimize returns.
Market Implications and Investor Sentiment
Strategy's continued investment in Bitcoin has significant implications for both the cryptocurrency market and investor sentiment. The company's stock has demonstrated a strong correlation with Bitcoin's price movements, with a year-to-date correlation coefficient of 0.77, compared to 0.35 with the SPDR S&P Software and Services ETF.
This correlation indicates that investors view Strategy's stock as a proxy for Bitcoin investment, reflecting confidence in the company's cryptocurrency-centric strategy.
Broader Industry Impact
Strategy's aggressive accumulation of Bitcoin sets a precedent for other corporations considering cryptocurrency as a treasury reserve asset. The company's actions may influence broader adoption of Bitcoin by institutional investors, potentially leading to increased market stability and maturity.
Furthermore, Strategy's approach highlights the evolving role of corporate entities in the cryptocurrency ecosystem, transitioning from passive observers to active participants shaping market dynamics.
Conclusion
Strategy's latest $1.34 billion investment in Bitcoin reaffirms its position as a trailblazer in corporate cryptocurrency adoption. By strategically timing its acquisitions and employing innovative financing methods, the company continues to capitalize on market opportunities while influencing broader industry trends.
As the cryptocurrency market evolves, Strategy's actions will likely serve as a benchmark for other corporations exploring digital assets as a component of their financial strategies.
Read more: Strategy Buys Additional $180 Million in Bitcoin: Reinforcing Its Dominance in the Crypto Market