title: MicroStrategy Acquires 7,390 BTC, Raising Its Total Holdings to 576,230

In the wake of a new business week, the business intelligence and software firm has announced the acquisition of 7,390 BTC.

The chairman and CEO of Strategy, Michael Saylor, disclosed on Saturday that the company acquired 7,390 Bitcoin for approximately $764.9 million between May 12 and 18.

The average price of each BTC unit was $103,498, and the company’s total Bitcoin holding now includes 576,230 BTC, which it acquired for $40.18 billion. With fees and expenses, each BTC was acquired for $69,726, per the company’s X post.

"We acquired 7,390 $BTC for ~ $764.9 million at ~ $103,498 per bitcoin and have achieved BTC Yield of 16.3% YTD 2025. As of 5/18/2025, we hold 576,230 $BTC acquired for ~ $40.18 billion at ~ $69,726 per bitcoin."

The company sold 1,712,708 MSTR shares, which generated about $705.7 million for Strategy. Still, the company had $18.98 billion worth of MSTR shares available for issuance and sale as of May 18.

In addition, Strategy registered the sales of 621,555 STRK shares at approximately $59.7 million. Like MSTR, the Bitcoin treasury company had $20.79 billion worth of STRK shares for issuance and sale under this program.

A month ago, Strategy purchased 6,556 Bitcoin for about $555.8 million. The regulatory Form 8-K filing submitted on the same day showed that each Bitcoin unit was bought at an average price of $84,785.

Immediately after this recent acquisition, Saylor hinted at the potential of a new BTC acquisition soon. The Michael Saylor bet on BTC has caught the attention of many market experts, most of whom support its strategy. In fact, the performance of its stock largely reflects the confidence among investors relating to its investment approaches.

Saylor argues that Bitcoin is a better store of value than traditional assets, carrying no counterparty risks. Crypto analysts have noted that Bitcoin is showing a bullish pattern. They are very well anticipating a “golden cross” formation ahead. This setup can help set the stage for the next leg of the rally to new all-time-highs (ATHs).

BTC is showing renewed strength with rising market dominance, despite Moody’s downgrade of the U.S. credit rating due to economic fragility. Nonetheless, the crypto community is buzzing with excitement over the potential for a new all-time-high in the coming months. As the year progresses, keep an eye out for interesting developments in the cryptocurrency market. Stay informed and engaged with the latest news and trends.

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#bitcoin #crypto #bizarre

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