Strategy Announces Another Major BTC Purchase

MicroStrategy Incorporated, operating as Strategy (Nasdaq: MSTR), has once again expanded its substantial Bitcoin treasury, announcing the acquisition of an additional 4,020 BTC for approximately $427.1 million. This latest purchase, made at an average price of $106,237 per Bitcoin, underscores the company's unwavering commitment to its digital asset strategy, even as Bitcoin prices hover near all-time highs.

The acquisition, which occurred between May 19 and May 25, 2025, utilized net proceeds from Strategy's at-the-market (ATM) offering programs, including the sale of various share classes. With this latest addition , Strategy's total Bitcoin holdings now stand at an impressive 580,250 BTC, acquired at an aggregate cost of $40.61 billion, with an average purchase price of $69,979 per Bitcoin.

The company, which has pioneered the model of leveraging its balance sheet for Bitcoin exposure, remains the largest corporate holder of Bitcoin and positions itself as the world's first Bitcoin Treasury Company.

The latest purchase follows Strategy's recent announcement of a new ATM program aiming to raise up to $2.1 billion , primarily for additional Bitcoin acquisitions. As previously reported, just last week, Strategy acquired 7,390 BTC for $764.9 million.

This consistent buying pressure from Strategy and other "copycat" BTC treasury companies—such as Twenty One by Tether, Nakamoto by David Bailey’s BTC Inc., Strive by Vivek Ramaswamy, Méliuz by Israel Salmen, and Nuvve by Gregory Poilasne—continues to be a significant driver in Bitcoin's market performance. Large incumbents like MARA and Metaplanet are also continuing to purchase more BTC.