MicroStrategy Incorporated (NASDAQ: MSTR) has maintained its aggressive Bitcoin acquisition strategy

MicroStrategy Incorporated (NASDAQ: MSTR) has maintained its aggressive Bitcoin acquisition strategy, purchasing an additional 4,020 BTC for $427.1 million

MicroStrategy (NASDAQ:MSTR) has continued its aggressive Bitcoin (BTC) acquisition strategy, purchasing an additional 4,020 BTC for $427.1 million despite recent stock volatility.

The company now holds 580,250 Bitcoin worth over $40 billion, cementing its position as the world’s largest corporate Bitcoin holder as the cryptocurrency trades at $110,055.26, up 2.88% at 11:56 PM UTC on May 26.

MSTR: Unrelenting Bitcoin Accumulation Strategy

MicroStrategy's commitment to its Bitcoin-first treasury strategy remains strong. The company has just completed the purchase of 4,020 BTC at an average price of $106,237 per coin for a total of $427.1 million.

This latest purchase was funded through three tranches of at-the-market (ATM) equity offerings conducted between May 19 and May 25, 2025. In total, these offerings raised approximately $427 million.

The funding breakdown includes 847,000 Class A Common Shares sold for $348.7 million, 678,970 STRK Shares sold for $67.9 million, and 104,423 newly created STRF Shares sold for $10.4 million.

Remarkably, the company still has substantial firepower remaining, with over $44 billion in total available capacity across these offerings—$18.63 billion for MSTR, $20.72 billion for STRK, and $2.09 billion for STRF.

This latest bitcoin buy dbrings MicroStrategy's total bitcoin holdings to 580,250 BTC, valued at $40.61 billion based on purchase cost, with an average acquisition price of $69,979 per coin.

The company now controls 2.7% of bitcoin's total circulating supply, dwarfing other corporate holders such as Marathon Digital (NASDAQ:MARA) with 48,237 BTC (0.2% of total supply) and Riot Platforms (NYSE:RIOT) with 19,211 BTC (less than 0.1%).

MicroStrategy's strategy reflects CEO Michael Saylor's conviction that bitcoin is the superior store of value in an era of monetary debasement and fiscal uncertainty.

The company has effectively transformed itself from a traditional business intelligence software provider into what it calls “the original Bitcoin Treasury Company,” using innovative financial engineering to continuously acquire more bitcoin without diluting shareholders' bitcoin exposure per share.

The company's approach involves using equity offerings to fund bitcoin purchases, creating what Saylor describes as a “Bitcoin acquisition machine” that allows shareholders to gain leveraged exposure to bitcoin's price movements while benefiting from the company's ability to raise capital at favorable terms due to its unique positioning in the market.

Bitcoin and MSTR Trade

Bitcoin (BTC-USD) is currently trading at $110,055.26, showing a rise of $3,082.50 (2.88%) from the previous session. The cryptocurrency's price moved in a range of $108,803.85 to $110,288.02 for the day.

The large volume of 45,864,873,056 BTC was exchanged, and the market capitalization reached $2.18 trillion.

As of 11:56 PM UTC on May 26, Bitcoin (BTC) showed resilience with a slight increase of 0.23% over the past hour, trading at $109,844.8 as of 10:56 PM. This follows a recent pullback from all-time highs above $111,000, highlighting the cryptocurrency's high volatility and the potential for rapid price swings.

The market reacted to recent data points, including a better-than-expected Durable Goods Orders report in the U.S., which showed strength in the manufacturing sector. This, in turn, supported broader market sentiment and supported crypto prices to some extent.

However, rising bond yields and the Federal Reserve's hawkish stance continue to pose challenges for risk assets, including cryptocurrencies. As the market digests this mixed economic backdrop and anticipates the next interest rate decision from the Fed, volatility in BTC and other digital assets is likely to persist.

Meanwhile, MicroStrategy (NASDAQ:MSTR) saw extended declines in after-hours trading on May 23, with the stock sliding an additional $3.24, or 0.88%, to hit $366.27. This follows