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Cryptocurrency News Articles
Renowned Bitcoin firm Strategy is maintaining its weekly BTC acquisition strategy, announcing a fresh billion-dollar purchase today.
May 12, 2025 at 11:28 pm
Specifically, Strategy has added 13390 BTC tokens worth $1.34 billion to its expansive Bitcoin portfolio.
Renowned Bitcoin firm Strategy has maintained its weekly BTC acquisition strategy, announcing today a fresh billion-dollar purchase.
Specifically, Strategy has added 13,390 BTC tokens worth $1.34 billion to its expansive Bitcoin portfolio. The acquisition came at an average price of $99,856 per coin. Following this latest addition, Strategy now holds a massive Bitcoin war chest totaling 568,840 BTC tokens.
Notably, the firm’s Bitcoin portfolio accounts for 2.864% of BTC’s circulating supply. This sizable holding further strengthens its position as the largest corporation with Bitcoin on its balance sheet.
While Bitcoin is trading above $103,300, Strategy’s average purchase price of $99,856 suggests the acquisition occurred several days ago, prior to today’s public disclosure by Michael Saylor, the company’s chairman.
Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin and has achieved BTC Yield of 15.5% YTD 2025. As of 5/11/25, we hodl 568,840 $BTC acquired for ~$39.41 billion at ~$69,287 per bitcoin. $MSTR $STRK $STRFhttps://t.co/oSXRMwiTkU
— Michael Saylor (@saylor) May 12, 2025
Continued Bitcoin Acquisition
Strategy, formerly known as MicroStrategy, has been accumulating BTC since September 2020. During this period, the firm mostly followed a monthly purchasing schedule until the last quarter of 2024, when it transitioned to primarily weekly acquisitions.
Last week, it announced the purchase of 1,895 BTC worth $180.3 million at an average cost of $95,167. This week, the company disclosed an acquisition over seven times larger, committing more than $1 billion.
Strategy’s largest single Bitcoin purchase was announced on November 25, 2024, when it took custody of 55,500 BTC tokens worth $5.4 billion at the time.
To date, Strategy has invested $39.41 billion in Bitcoin over the past four years. With the overall portfolio now valued at $58.82 billion, based on BTC’s current price above $103,000, the company is sitting on an unrealized profit of $19.39 billion.
Notably, the company funded the latest purchase of 13,390 BTC using proceeds from its ongoing $42 billion at-the-market (ATM) equity offerings, which include both common stock (MSTR) and preferred stock (STRK).
Critics Warn of Market Risk
While the company’s bold strategy of raising capital through ATM offerings to purchase Bitcoin has earned praise, critics are also expressing concern. In response to the latest move, long-time Bitcoin skeptic Peter Schiff remarked that Strategy’s next buy could push its average cost above $70,000 per coin.
Schiff warned that a significant downturn in Bitcoin could send its market price below Strategy’s average cost basis. He argued this could be problematic, given how much the company has borrowed to accumulate Bitcoin. “When Saylor sells,” Schiff cautioned, “small paper losses will become huge real losses.”
However, Strategy founder Michael Saylor has made it clear he has no plans to sell. He previously stated that he would continue buying Bitcoin, even if the price climbs to $1 million per coin.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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