Business intelligence firm MicroStrategy has announced yet another massive Bitcoin purchase, acquiring 13,390 BTC between May 5 and May 11. The company reportedly paid an average price of $99,856 per BTC, bringing the total value of this latest purchase to approximately $1.34 billion.
📈 Key Figures:
Amount Purchased: 13,390 BTC
Total Value: $1.34 Billion
Average Price: $99,856 per BTC
Date Range: May 5–May 11, 2025
This aggressive acquisition further solidifies MicroStrategy's position as the largest publicly traded corporate holder of Bitcoin. The move reflects the company’s continued conviction in BTC as a long-term store of value and a hedge against inflation.
💬 “We remain focused on our Bitcoin strategy and will continue to pursue opportunities to raise capital and increase our BTC holdings,” CEO Michael Saylor reaffirmed in a recent statement.
With this latest purchase, market watchers are now looking to see whether other institutional investors will follow suit, especially amid rising expectations of broader crypto adoption. $BTC
