In another bold show of conviction, Strategy the company formerly known as MicroStrategy has added 13,390 Bitcoin to its already massive treasury, bringing its total holdings to 568,840 BTC, worth approximately $59.2 billion at current market prices.
According to a May 12 filing with the U.S. Securities and Exchange Commission (SEC), the Bitcoin was purchased for $1.34 billion at an average price of $99,856 per BTC. Executive Chairman Michael Saylor confirmed the acquisition in a post on X (formerly Twitter), noting that the move aligns with the firm’s long-term strategy of accumulating Bitcoin as a primary treasury reserve asset.
Stock Sale Funds Latest BTC Buy
The acquisition was financed through a public stock sale, in which Strategy issued 3.22 million common shares and 273,987 shares of Series STRK preferred stock, raising the $1.34 billion needed between May 5 and May 11. The company still retains authorization to issue over $40 billion worth of shares in future rounds a potential war chest for more Bitcoin buys.
Average Cost Basis and Year-to-Date Performance
With this latest purchase, Strategy’s average cost basis across its total Bitcoin holdings has risen to $69,287. Notably, in 2025 alone, the firm’s Bitcoin holdings have appreciated by 15.5%, reinforcing the company’s thesis that Bitcoin offers superior long-term value compared to traditional cash reserves.
Market Reaction and Strategic Vision
Shares of Strategy (MSTR) responded positively, gaining 1.65% in premarket trading following the announcement. The market’s reaction reflects growing investor confidence in Strategy’s Bitcoin-centric treasury approach one that has made it the largest publicly traded corporate holder of Bitcoin globally.
Bitcoin itself is trading around $104,000, meaning Strategy’s bet has not only paid off in terms of valuation growth but also continues to give the company outsized influence in the crypto market. The firm’s ongoing stock-for-Bitcoin swaps further indicate that it sees BTC as a superior store of value over fiat currencies or traditional corporate assets.
Saylor Doubles Down
Michael Saylor remains at the forefront of this Bitcoin accumulation strategy. His consistent messaging and strategic financial maneuvers have cemented Strategy as a corporate pioneer in Bitcoin adoption. For many institutional observers, the company’s moves act as a barometer for broader institutional interest in digital assets.
Strategy’s latest $1.34 billion purchase is more than just a bullish bet it’s a reaffirmation of the company’s foundational belief in Bitcoin as the future of value preservation. With continued authorization for additional equity sales and a relentless accumulation model, Strategy appears far from done.
As the Bitcoin rally continues and institutional interest deepens, Strategy’s bold moves could be remembered as defining moments in the ongoing shift toward decentralized financial assets.
