#SaylorBTCPurchase
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), continues to lead the company's aggressive Bitcoin acquisition strategy. In late May 2025, Strategy purchased an additional 705 Bitcoins for approximately $75.1 million, at an average price of $106,495 per coin. This marks the company's eighth consecutive week of Bitcoin acquisitions, bringing its total holdings to 580,955 BTC, acquired at a combined cost of about $40.68 billion, averaging $70,023 per coin .
To fund further Bitcoin purchases, Strategy announced plans to raise $250 million through the issuance of 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, priced at $100 per share. The proceeds are intended for acquiring additional Bitcoin and providing working capital .
Saylor's unwavering commitment to Bitcoin has positioned Strategy as the world's largest corporate holder of the cryptocurrency, with holdings more than double those of the next 117 publicly traded Bitcoin-holding companies combined . Despite market volatility, Saylor views Bitcoin as a hedge against inflation and continues to advocate for its adoption.
#SaylorBTCPurchase #TrumpMediaBitcoinTreasury #BinanceAlphaAlert #CUDISBinanceTGE
