MicroStrategy Acquires 1,895 Bitcoin for $180.3M at an Average Price of $95,167

MicroStrategy (NASDAQ:MSTR) has continued to bulk up its Bitcoin holdings, acquiring 1,895 Bitcoin between April 28th and May 4th for $180.3 million at an average price of $95,167 per coin, according to its latest Form 8-K filing with the U.S. Securities and Exchange Commission.

This purchase follows an earlier acquisition of 15,355 Bitcoin the week before.

It came shortly after Strategy released its Q1 2025 financial results on May 1st, reporting a 13.7% Bitcoin yield — a figure reflecting the change in the ratio of Bitcoin holdings to assumed diluted shares — approaching its stated 2025 target of 15%.

As of May 1st, the company’s year-to-date Bitcoin gains reached $5.8 billion, aligning with its $10 billion annual target.

Furthermore, CEO Michael Saylor announced that Strategy has doubled its capital plan, setting $42 billion each in equity and fixed income earmarked for further Bitcoin purchases.

This integration will be used to raise additional capital for bitcoin purchases, aiming for a total of $84 billion in 2025. The company also aims to increase its BTC yield target to 25% and its bitcoin gains target to $15 billion for the year.

"We are committed to increasing our bitcoin holdings and providing our shareholders with a unique and valuable investment opportunity," Saylor stated. "We believe that bitcoin is the best and most durable asset in the world, and we are excited to continue to build our position in this important asset class."

MicroStrategy's unique strategy in the cryptocurrency sphere has led to significant interest from investors. The company's stock price has soared in recent months, and its products, such as the MicroStrategy (NASDAQ:MSTR) Complete Capital Plan, are designed to provide maximum value to shareholders.

The company's vision for the future of cryptocurrency is one where bitcoin becomes the primary reserve asset for the global monetary system. This vision, outlined in the MicroStrategy Bitcoin Plan, is expected to drive even more engagement and investment in the cryptocurrency market.

As MicroStrategy continues to accumulate bitcoin and develop innovative products and solutions, it is sure to remain a key player in the cryptocurrency industry for years to come.

The post MicroStrategy Buys 1,895 Bitcoin for $180 Million as It Doubles Capital Plan appeared first on Benzinga.