Strategy Makes $1.34B Bitcoin Buy, Adding Another 13,390 BTC

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By James Van Straten|Edited by Parikshit Mishra, Stephen Alpher

Updated May 12, 2025, 12:23 p.m. Published May 12, 2025, 12:14 p.m.

Photo of Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De)
  • Strategy has acquired another 13,390 BTC for $1.34 billion, or an average price of $99,856 each.
  • The $1.34 billion purchase was funded through sales of common stock and STRK preferred shares between May 5 and May 11.

Fresh off the heels of last week’s Strategy Conference, Strategy (MSTR) has resumed its bitcoin (BTC) accumulation, purchasing an additional 13,390 BTC. The company spent approximately $1.34 billion at an average price of $99,856 per bitcoin, according to a filing published on Monday.

This latest acquisition brings Strategy’s total bitcoin holdings to 568,840 BTC, now worth over $59 billion based on the current bitcoin price of around $104,000. The average purchase price across the company’s entire stack has now adjusted to $69,287.

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The purchase was funded through two capital-raising mechanisms: an at-the-market (ATM) offering of its Class A common stock, and the issuance of shares from its Series STRK preferred stock. Between May 5 and May 11, the company raised $1.31 billion through the sale of common stock and issued 273,987 shares of the preferred stock series.

Shares of MSTR are trading 2% higher in pre-market hours.

James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.

In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR).

James Van Straten

 

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