MicroStrategy (MSTR) Stock Jumps As Company Acquires 13,390 BTC For $1.34B

MarketWatch data shows that the MSTR stock price is up 43% year-to-date and is currently one of the best-performing assets in 2025, even ahead of BTC

MicroStrategy, the software company led by Bitcoin bull Michael Saylor, has purchased more Bitcoin, bringing its total holdings to 568,840 BTC.

According to a press release, the company acquired 13,390 BTC for approximately $1.34 billion at an average price of $99,856 per Bitcoin between May 5 and May 11.

The company also disclosed that it has achieved a BTC yield of 15.5% year-to-date (YTD).

The Strategy stock is up 1.8% in the pre-market and trades at $423. MicroStrategy’s stock recently went above the psychological $400 level thanks to Bitcoin’s price surge. Both assets share a strong positive correlation due to the company’s exposure to the flagship crypto.

As of January 1, 2025, Strategy's stock price is up 43% YTD and is currently one of the best-performing assets in 2025, even ahead of BTC, which boasts a 10% gain this year.

Meanwhile, following this latest purchase, Strategy now holds 568,840 BTC, which it acquired for $39.41 billion at an average price of $69,287 per Bitcoin.

This purchase comes just a week after MicroStrategy acquired 1,895 BTC for $180 million. It is also the company’s second-largest Bitcoin purchase this year. In March, it acquired 22,048 BTC for $1.92 billion, its largest purchase so far this year.

The company is likely to purchase more Bitcoin in the coming weeks after it increased its capital plan from $42 billion to $84 billion. Strategy plans to use this capital to acquire more BTC.

With the Bitcoin price back above the psychological $100,000 level, other whales besides Saylor’s company have also been actively accumulating BTC. Crypto analyst Ali Martinez revealed that these whales withdrew more than 110,000 Bitcoin from exchanges over the past month.