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Cryptocurrency News Articles
MicroStrategy's Bitcoin (BTC) purchase strategy slowed last week as the cryptocurrency briefly surged above $90,00
May 05, 2025 at 09:14 pm
Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC
One of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000.
The firm acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC, the company announced in its latest Form-8 filing with the US Securities and Exchange Commission.
Strategy’s latest Bitcoin purchase is one of the smallest made by the company this year, alongside a comparatively meagre 130 BTC purchase in March.
The latest buy is 87% less than the previous purchase of 15,355 BTC announced last Monday.
Semler boosts buying despite rising prices
While Saylor’s Strategy cooled its Bitcoin buying spree last week, others upped their appetite for BTC.
Semler Scientific, a publicly traded US healthtech firm, bought 167 Bitcoin for $16.2 million in the period from April 30 to May 2 at an average purchase price of $97,093 BTC.
Announced on May 5, the purchase by Semler was up at least 50% from the previous 111 BTC purchase by the firm announced on April 25.
As of May 2, Semler held 3,634 BTC, acquired for an aggregate of $322.3 million at an average purchase price of $88,668 per BTC.
Semler’s Bitcoin holdings are considerably smaller than Strategy’s, which held 555,450 BTC as of May 4, acquired for an aggregate of $68,550 per BTC.
Strategy’s BTC gain surged to $5.8 billion by May 1
The new Bitcoin purchase by Strategy came shortly after the company announced its financial results for the first quarter of 2025.
According to the update, Strategy achieved a 13.7% BTC yield, an indicator representing the percentage change of the ratio between its BTC holdings and assumed diluted shares. The yield is close to the 15% yield targeted by Strategy in 2025.
Year to date, Strategy’s gains on its Bitcoin investments also reached $5.8 billion, in line with its annual target of $10 billion.
Additionally, Saylor said that the company has doubled its capital plan to $42 billion in equity and $42 billion in fixed income to purchase more Bitcoin.
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- Christian Thompson, Managing Director of the Sui Foundation, stated that bipartisan U.S. stablecoin legislation will be a powerful mechanism for driving capital formation and retail onboarding into Web3 ecosystems.
- May 06, 2025 at 12:20 am
- Speaking with Benzinga on the sidelines of Sui basecamp in Dubai, Thompson, a former Meta Deputy Chief Information Security Officer and Libra/Diem project contributor, emphasized stablecoins' role in enabling fast, inexpensive, and reliable cross-border transactions.
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