Strategy (MSTR) continued with its BTC purchases on a weekly basis, acquiring another 7390 BTC

Strategy continued with its BTC purchases on a weekly basis, acquiring another 7390 BTC. The relatively larger acquisition happened during a bullish week, with an average price above $103000.

Strategy (NASDAQ:MSTR) continued its weekly purchases of bitcoin (BTC) on Monday, disclosing the acquisition of another 7,390 BTC. The relatively larger acquisition happened during a bullish week for bitcoin, with an average price above $103,000.

Strategy (MSTR) continued its weekly BTC purchases, this time adding 7,390 BTC to its reserves. The company acquired the additional coins as BTC had a turbulent week with a hike to $106,000.Strategy has acquired 7,390 BTC for ~$764.9 million at ~$103,498 per bitcoin and has achieved BTC Yield of 16.3% YTD 2025. As of 5/18/2025, we hodl 576,230 $BTC acquired for ~$40.18 billion at ~$69,726 per bitcoin. $MSTR $STRK $STRF

The latest purchase was in the middle of the range for the weekly buying operations, down from the previous week’s acquisition of 13,390 BTC. After the latest purchase, MSTR common stock traded at $399.80, down from its recent six-month peak.

The latest announcement also included a recent development for Strategy, reporting on an alleged lawsuit filed with the U.S. District Court for the Eastern District of Virginia. The class-action lawsuit against Michael Saylor and associates claims misleading statements on the potential returns for BTC-based investments.

The lawsuit covers the April 30, 2024 to April 4, 2025 period, and alleges misleading statements and failure to disclose information on the anticipated profitability of the BTC investment and treasury operations.

Despite the purchase announcement, BTC still erased some of its gains over the weekend. The leading coin traded at $102,447, below the average price of Strategy’s purchase for the past week. Despite this, the firm is still in the green with a $69,726 average price per BTC.

Strategy achieved its latest purchase after the sale of over $705M in common stock. This week’s purchase is relatively high compared to previous periods, showing BTC bullish momentum translated into demand for MSTR.

The rest of the purchase was financed with $59.7M in STRK convertible instruments. After the latest addition to the treasury, Strategy has $18.98B in common stock authorized to issue, and another $20.85B to issue in the form of STRK.

With the latest purchase, Strategy has already allocated over $40B to BTC acquisitions at market price, with nearly as much remaining in authorized but not issued common stock or convertible STRK shares.

Strategy inspires other companies to keep buying

The latest Strategy (NASDAQ:MSTR) acquisition comes as another company, Metaplanet (TYO:3773), disclosed a new bitcoin purchase.

The Japanese company announced the acquisition of another 1,004 BTC at an average price of $103,873, a higher entry point compared to Strategy’s latest purchase.

Just like MSTR, Metaplanet's stock price, which is listed in Japan, also went up, rallying to ¥4,390, nearing the higher range for the next few months.

Metaplanet is also now among the top 10 most-liquid stocks on the Japanese market, which could generate demand for the company's stock.

With the latest purchase, Metaplanet now holds 7,800 BTC, getting closer to its goal for 2025 to acquire 10,000 BTC.

The company has been actively buying bitcoin throughout the year, with this being its fifth purchase since the start of 2025.

In the past week, there have been several announcements from corporations aiming to acquire bitcoin. However, not all potential buyers made good on their promises.

According to the latest data from Bitcoinskey.com, a total of 108 public companies hold bitcoin in their balance sheet, with seven new treasuries added in the past two weeks.

The large-scale treasuries now contain 3.33 million BTC, one of the biggest reserves with potential long-term holding.

Strategy and Metaplanet bought even though bitcoin ETFs had net outflows in Q1 and a slowly growing balance in Q2.