MicroStrategy, now rebranded to Strategy, has bought 4,020 BTC for $427.1 million. This latest acquisition brings the company’s total bitcoin assets to 580,250 BTC. It funded the purchase through equity sales made under its recent at-the-market (ATM) offerings.
Strategy Strengthens Bitcoin Holdings
Strategy disclosed the bitcoin acquisition in a recent U.S. Securities and Exchange Commission (SEC) filing. The firm acquired the BTC between May 19 and May 25, using funds raised through equity offerings. The average purchase price stood at approximately $106,237 per Bitcoin.
Strategy Strengthens Bitcoin Holdings
To secure funding, Strategy sold 847,000 MSTR shares, 678,970 STRK shares, and 104,423 STRF shares. These sales were part of three ATM programs launched recently. The firm generated $427.1 million in proceeds through these equity offerings.
Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025. As of 5/25/2025, we hodl 580,250 $BTC acquired for ~$40.61 billion at ~$69,979 per bitcoin. $MSTR $STRK $STRFhttps://t.co/1dVUg1uPJs
— Strategy (@Strategy) May 26, 2025
With this move, Strategy continues to position itself as a Bitcoin Treasury Company. The company integrates bitcoin accumulation with its AI-driven software and enterprise analytics operations. It leverages equity, debt, and cash flow to expand its bitcoin reserves.
$2.1B Preferred Stock Offering in Play
Last week, Strategy launched a $2.1 billion at-the-market offering for its 10.00% Series A Perpetual Strife Preferred Stock (STRF). This offering aims to broaden Strategy’s access to capital markets for bitcoin investments. It gives the company a significant issuance capacity of over $42 billion.
According to the SEC filing, the latest BTC purchase used proceeds from this and other ATM programs. These funding strategies align with Strategy’s long-term objective of growing its bitcoin reserve. The company maintains a consistent acquisition strategy, even during market volatility.
Strategy’s executive chairman, Michael Saylor, highlighted this move on the social media platform X. He stated that the company’s bitcoin yield for 2025 has reached 16.8% year-to-date. The firm continues to consolidate its position in the digital asset sector with consistent purchases.
Strategy Eyes Long-Term Bitcoin Potential
Strategy estimates its total bitcoin investment at around $40.61 billion, with an average price of $69,979 per BTC. The company believes this reserve offers both strategic value and long-term financial leverage. Strategy’s bitcoin-centric treasury model reflects its confidence in digital capital.
Strategy Eyes Long-Term Bitcoin Potential
Michael Saylor has outlined bullish forecasts for bitcoin through 2045. His projections include a potential market cap of $200 trillion and bitcoin prices between $3 million and $49 million. He also suggested that the Strategic Bitcoin Reserve could yield trillions in returns for the U.S. Treasury.
While these projections are ambitious, Strategy remains focused on executing its defined treasury model. The company aligns its bitcoin strategy with its business software growth and financial structuring. It uses market opportunities to expand holdings with a structured and systematic approach.
FAQs
What is Strategy’s total bitcoin holding as of May 25, 2025?
Strategy holds 580,250 BTC, acquired for approximately $40.61 billion, according to their official SEC filing.
How did Strategy fund its recent bitcoin purchase?
Strategy used proceeds from three equity ATM programs, raising $427.1 million through share sales of MSTR, STRK, and STRF.
What is the significance of Strategy’s rebranding?
The rebranding to Strategy reflects its dual focus on bitcoin accumulation and its enterprise analytics and AI business.
What does the Series A STRF offering involve?
The 10.00% Series A Perpetual Strife Preferred Stock offering targets up to $2.1 billion in capital to fund future acquisitions.
What is Strategy’s outlook for Bitcoin?
Strategy projects a bullish long-term outlook with possible BTC prices up to $49 million and a $200 trillion market cap.
Glossary of Key Terms
Strategy – A software intelligence firm formerly known as MicroStrategy, now focused on bitcoin accumulation and enterprise analytics.
Bitcoin (BTC) – A decentralized digital currency used as a store of value and investment asset.
ATM Offering – At-the-market offering, a method companies use to raise capital by selling shares directly into the market.
SEC Filing – A mandatory disclosure submitted to the U.S. Securities and Exchange Commission detailing financial operations.
STRF – Strategy’s 10.00% Series A Perpetual Strife Preferred Stock used in its latest funding round.
MSTR – Common stock of Strategy listed on the Nasdaq.
STRK – Another class of Strategy equity is involved in the recent ATM sale.
Treasury Model – Strategy’s approach of funding bitcoin purchases through equity, debt, and operational cash flows.
References:
CryptoBriefing
X
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