MicroStrategy Expands Its Bitcoin Treasury by Purchasing 4,020 BTC for $427.1 Million

The latest purchase, made at an average price of $106,237 per Bitcoin, underscores the company's unwavering commitment to its digital asset strategy

MicroStrategy (Nasdaq: MSTR) has once again expanded its massive Bitcoin treasury, announcing the purchase of 4,020 BTC for approximately $427.1 million.

This latest purchase, made at an average price of $106,237 per Bitcoin, comes as the digital asset hovers near all-time highs and further showcases the company’s strong commitment to its digital asset strategy.

The latest batch of Bitcoin was purchased using net proceeds from the company's at-the-market (ATM) offering programs, including the sale of various share classes. The acquisition occurred over a period of seven days, beginning May 19 and concluding May 25.

With this latest addition, Strategy's total Bitcoin holdings now stand at 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, is also the largest corporate holder of Bitcoin and positions itself as the world's first Bitcoin Treasury Company.

This latest purchase follows Strategy's announcement of a new ATM program to raise up to $2.1 billion, which will be used mainly for further Bitcoin purchases.

As previously reported, just last week, Strategy purchased 7,390 BTC for $764.9 million.

The 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—is a significant driver in Bitcoin's market performance. Large incumbents like MARA and Metaplanet are also continuing to purchase more BTC.