Strategy (formerly known as MicroStrategy) has added 1895 Bitcoin (BTC) to its holdings

Strategy, formerly known as MicroStrategy, has added 1895 Bitcoin (BTC) to its holdings according to a May 5, 2025, SEC filing.

MicroStrategy (NASDAQ:MCRL) has added 1,895 Bitcoin (BTC) to its holdings, according to a May 5 SEC filing. The purchase was made between April 28 and May 4 at a total cost of $180.3 million, with an average price per Bitcoin of $95,167.

To fund this acquisition, MicroStrategy sold common shares for $128.5 million and preferred shares of STRK for $51.8 million. These sales were part of the company’s at-the-market (ATM) stock offering plan.

After fully utilizing its previous ATM offering, MicroStrategy swiftly introduced a new $21 billion ATM offering. This move continues the company’s strategy of selling stock to buy more Bitcoin.

As of May 4, MicroStrategy’s total Bitcoin holdings amount to 555,450 Bitcoin. This makes it the largest corporate holder of Bitcoin, encompassing nearly 3% of Bitcoin’s maximum supply.

The company has invested a total of $38.08 billion in Bitcoin at an average purchase price of $68,550 per Bitcoin. Considering current market prices around $94,000, MicroStrategy’s Bitcoin holdings are valued at over $52 billion.

Growth Through Equity Financing

MicroStrategy’s approach heavily relies on equity financing to support its Bitcoin purchases. The company remains focused on expanding its Bitcoin reserves through a mix of stock and bond offerings.

Last week, MicroStrategy announced plans to double its capital raising capacity. This includes the new $21 billion ATM offering and expanding its debt purchase program to $42 billion.

During its latest earnings call, the company unveiled what it calls the “42/42 Plan.” This roadmap aims to raise $84 billion in capital over the next two years, split equally between equity and fixed-income instruments.

All of this funding is earmarked for future Bitcoin acquisitions. The company has set an ambitious goal of raising its holdings to $84 billion by 2027.

This latest purchase follows a larger Bitcoin acquisition of 15,355 BTC for $1.42 billion. MicroStrategy has maintained a consistent buying pace throughout the year, often adding to its position weekly.

Market Performance and Outlook

MicroStrategy’s Bitcoin holdings now represent an unrealized gain of approximately $14 billion. This translates to a 14% return on investment for 2025 so far.

The company aims to achieve a 25% return and a $15 billion gain from its Bitcoin exposure this year. Michael Saylor, co-founder and Executive Chairman of MicroStrategy, remains vocal about Bitcoin’s role in the company’s financial strategy.

Despite MicroStrategy’s shares being down 2.7% in pre-market trading on Monday, investor sentiment towards the company’s Bitcoin-focused approach remains largely positive. This comes despite the company reporting five consecutive quarterly net losses.

Bitcoin itself is currently trading at around $94,596. This represents a slight decrease of 0.2% in the 24-hour time frame, but gains of up to 13% in the monthly period.

Technical indicators remain supportive of a bullish outlook for Bitcoin. The RSI stands at 59.84, indicating moderate strength without being overbought. The MACD line remains above the signal line with a positive histogram, suggesting continued bullish momentum.

MicroStrategy maintains a Bitcoin dashboard on its official website that provides real-time updates on its holdings. This offers transparency into both the size and value of the company’s Bitcoin portfolio.