As of May 20, 2025, Michael Saylor's company, Strategy (formerly MicroStrategy), has made a significant $BTC Bitcoin acquisition. Between May 12 and May 18, the firm purchased an additional 7,390 BTC for approximately $764.9 million, at an average price of $103,498 per Bitcoin . This brings Strategy's total holdings to 576,230 $BTC , acquired at an average cost of around $69,726 per coin, totaling approximately $40.18 billion .

Despite this substantial investment, Strategy is currently facing a class-action lawsuit filed on May 16, 2025. The lawsuit alleges that the company and its executives, including Michael Saylor, misled investors about the risks and profitability of their Bitcoin strategy, citing a $5.9 billion unrealized loss in Q1 2025 .

In the broader market context, $BTC

Bitcoin is trading above $105,000 today, reflecting a 2.28% increase from the previous close.

#SaylorBTCPurchase #MyEOSTrade #BinanceAlphaAlert #MerlinTradingCompetition #GENIUSAct