Michael Saylor's Strategy acquired 1,895 BTC

Michael Saylor's Strategy acquired 1895 BTC between April 28 and May 4 2025. The company disclosed the purchase in an update released on May 5.

MicroStrategy (NASDAQ: MSTR) has continued its Bitcoin accumulation, purchasing 1,895 BTC between April 28 and May 4, according to an update released by the company on May 5.

The company disclosed the recent purchases at a time when BTCUSD appears to be forming a double bottom on the H1 chart. The price has been in a downtrend, respecting a descending trend line. Earlier today, it bounced around the $94,000 level.

As of press time, it has encountered another bounce, accompanied by a bullish engulfing candle. A breach above the $94,800 mark could propel the price upwards. The bearish trend line remains intact. A breakout above this line may support a further bullish move.

As of May 4, 2025, Strategy's Bitcoin Holdings Reached 555,450 BTC

This purchase adds to Strategy's growing Bitcoin holdings. As of May 4, 2025, the company holds 555,450 BTC in total. The aggregate purchase price of these holdings is $38.08 billion. The average purchase price stands at $68,550 per BTC.

The company said the recent purchases were funded through proceeds from its 2024 Common ATM and STRK ATM offerings. Strategy noted that all figures include fees and other associated costs.

You may find it interesting at FinanceMagnates.com: Why Is Bitcoin Going Up? Saylor Warns: “Only One Country Can Buy 20% of BTC”.

Bitcoin Price Scenarios Forecasted by DeepSeek

Predictive analytics platform DeepSeek AI has contributed to the current Bitcoin debate with its projections for 2025. Using machine learning, sentiment analysis, and economic data, the platform offers insights into the future of digital assets.

Focusing on Bitcoin, the market's leading cryptocurrency, DeepSeek AI outlines three potential scenarios for its price in 2025. In the base case, Bitcoin is expected to trade between $100,000 and $150,000. A bullish “hyperbitcoinization” phase could push the price to $350,000, while a black swan scenario may see it reaching $500,000. These predictions reflect optimism about institutional adoption and the increasing acceptance of blockchain in global finance.