Strategy Just Displayed Its Unwavering Conviction in Bitcoin (BTC)

Today, the company and its executive chair, Michael Saylor, announced buying the digital asset at its peak price last week.

MicroStrategy (NASDAQ: MSTR) has displayed its unwavering conviction in Bitcoin (BTC) once again.

Today, the company and its executive chair, Michael Saylor, announced buying the digital asset at its peak price last week.

Strategy Buying Bitcoin Right On Top

According to Strategy, it purchased an additional 4,020 BTC between May 19 and 25. The whale acquisition amounted to $427.1 million at an average price of $106,237 per BTC.

Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025. As of 5/25/25, we hodl 580,250 $BTC acquired for ~$40.61 billion at ~$69,979 per bitcoin. $MSTR $STRK $STRF

— Michael Saylor (@michael_saylor) May 26, 2025

Interestingly, the accumulation occurred within the same week when Bitcoin achieved a new all-time high of $111,970.17. The milestone also fell on the anniversary of Bitcoin Pizza Day.

Strategy funded its latest batch of BTC transactions using the proceeds of its stock offerings. Its sale of Class A Common Stock accounted for $348.7 million, while its sale of Series A perpetual strike (STRK) and strife (STRF) preferred stocks collectively contributed $78.3 million.

The latest developments have brought up Strategy’s haul to 580,250 BTC. This means it now controls over 2.76% of Bitcoin’s limited supply. Meanwhile, the company has increased its BTC yield to 16.8% YTD.

Strategy has already invested $40.61 billion in its Bitcoin-centric corporate game plan. The figures translate to an average purchase price of $69,979 per BTC.

Critics Sound Off the Alarm

The Monday announcement was once again preceded by Saylor’s glaring hint yesterday. He posted a usual update on Strategy’s portfolio tracker with the caption, “I only buy Bitcoin with money I can’t afford to lose.”

I only buy bitcoin with money I can't afford to lose.

— Michael Saylor (@michael_saylor) May 25, 2025

Strategy’s decision to buy right off the top of Bitcoin’s price last week underscored its confidence in the world’s leading cryptocurrency asset. However, several people didn’t take Saylor’s debt-fueled buying spree positively.

In response to his recent statements, critics argued that he’s actually gambling other people’s money, not entirely from his own pockets. Others called him out for “corporate clout chasing” for triggering buys during the week when BTC’s value was skyrocketing to all-time highs.

Nevertheless, Strategy has already stacked an unrealized profit of between $21.3 billion and $23.37 billion at Bitcoin’s $106,683.37 low to $110,256.29 high in the last 24 hours.