Michael Saylor’s firm surpasses 2025 Bitcoin yield target as BTC reclaims $100K
Michael Saylor’s Strategy has added another 13,390 BTC to its balance sheet, spending $1.34 billion between May 5 and May 11, according to a filing with the U.S. Securities and Exchange Commission (SEC) published on May 12. The move comes as Bitcoin (BTC) reclaimed the $100,000 milestone on May 8, trading at $104,491 at the time of writing.
Key Highlights:
Strategy purchased 13,390 BTC at an average price of $99,856
Total BTC holdings now at 568,840 BTC, up 2.4%
Cumulative investment: $39.4 billion at an average of $69,287 per coin
BTC yield has hit 15.5%, exceeding Strategy’s original 2025 target
New yield target raised to 25% in May 2025
Strategy Breaks Past 2025 Yield Target
The recent purchase pushed Strategy’s BTC yield—a proprietary metric based on BTC held per diluted share—up to 15.5%, surpassing its previous 15% target for 2025.
“We’ve reached our 2025 BTC yield goal,”
said Michael Saylor in a May 12 post on X (formerly Twitter).
Following a 74% BTC yield in 2024, the firm has now raised its 2025 target to 25%, underscoring its long-term commitment to Bitcoin accumulation.
Critics Raise Red Flags on Aggressive BTC Strategy
Despite the bullish achievement, longtime Bitcoin critic Peter Schiff renewed his skepticism. Responding to Saylor’s post, Schiff warned that:
“Your next buy will likely push your average cost above $70,000. A price drop will push BTC below your cost basis — not good considering how much debt you used.”
Schiff’s comments reference Strategy’s plan to raise $84 billion—split evenly between equity and fixed-income offerings—to fund continued Bitcoin purchases, a strategy some consider high-risk.
Bitcoin Price Momentum Supports Strategy’s Timing
With Bitcoin trading near $104,000, Strategy’s timing appears to align with strong market momentum, supported by:
Institutional ETF inflows
U.S.–China trade de-escalation
Anticipated U.S. tax relief package
Technical breakout signals, including a possible bull flag targeting $150K
