Strategy (formerly MicroStrategy) reported the purchase of 4,020 bitcoins for a total of $421.1 million from May 19 to May 25 at an average purchase price of $106,237 per bitcoin.

As of May 25, Strategy holds 580,250 bitcoins (about 2.7% of the total issuance), for which the company has spent approximately $40.61 billion since 2020, at an average purchase price of $69,979 per BTC.

The day before, Strategy founder Michael Saylor traditionally hinted at acquiring a new batch of bitcoins. On Sunday, he posted a chart from saylortracker.com, which tracks Strategy's purchases, adding the caption: "I only buy bitcoin with money I can't afford to lose."

Last week, the company announced the launch of a new program for the placement of preferred shares worth up to $2.1 billion. The raised funds are planned to be directed towards new cryptocurrency purchases.

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