๐๐๐๐๐๐๐ก ๐๐๐ฎ๐ก๐ค๐ง'๐จ ๐๐ฉ๐ง๐๐ฉ๐๐๐ฎ ๐ผ๐๐ฆ๐ช๐๐ง๐๐จ ๐ผ๐๐๐๐ฉ๐๐ค๐ฃ๐๐ก $1.34 ๐ฝ๐๐ก๐ก๐๐ค๐ฃ ๐๐ฃ ๐ฝ๐๐ฉ๐๐ค๐๐ฃ
Michael Saylor's company, Strategy (formerly MicroStrategy), has expanded its Bitcoin holdings by purchasing 13,390 BTC between May 5 and May 11, 2025, at a total cost exceeding $1.34 billion.
According to a filing with the U.S. Securities and Exchange Commission, this acquisition brings Strategy's total Bitcoin holdings to 568,840 BTC, valued at approximately $59 billion.
Strategy's aggressive accumulation of Bitcoin underscores its commitment to cryptocurrency as a primary treasury asset. By consistently leveraging equity and debt instruments to finance these purchases, the company positions itself as a leading institutional advocate for Bitcoin. This strategy not only reflects confidence in Bitcoin's long-term value but also influences other corporations to consider similar investment approaches.
Strategy's continued investment in Bitcoin highlights a significant shift in corporate treasury management, emphasizing digital assets' role in financial strategy. As the company solidifies its position as a major Bitcoin holder, it sets a precedent for other institutions evaluating the integration of cryptocurrencies into their financial portfolios.
Source: Decrypt