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Showing posts with the label treasury reserve asset

Michael Saylor's 'Strategy' Buys 13,390 Bitcoin Worth $1.34 Billion

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Michael Saylor bitcoin purchase has, just recently, sent shockwaves through the crypto world as his company adds yet another massive chunk to its Bitcoin treasury. The business intelligence firm’s latest acquisition, completed just days ago, reinforces its position as the largest corporate holder of Bitcoin, and also demonstrates the firm’s ongoing commitment to this alternative asset class. JUST IN: Michael Saylor’s ‘Strategy’ buys 13,390 Bitcoin worth $1.34 billion. — Watcher.Guru (@WatcherGuru) May 12, 2025 MicroStrategy, which is often referred to as “Strategy” these days, announced another Michael Saylor Bitcoin purchase strategy via social media on May 12, 2025, and the news has quickly spread across financial circles. Michael Saylor stated: “Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin and has achieved BTC Yield of 15.5% YTD 2025. As of 5/11/2025, we hodl 568,840 $BTC acquired for ~$39.41 billion at ~$...

Strategy Reaches 553,555 Bitcoin after Latest Purchase

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The business-intelligence company now trading under the shorthand “ Strategy ” disclosed in a United States Securities and Exchange Commission filing on 28 April that it had bought 15,355 bitcoin during the previous week for about $1.42 billion. At the prevailing market price of roughly $95,000 per coin, the firm’s treasury comes to 553,555 BTC, valued at just over $52 billion, or about £41.5 billion. Stock Sales and Preferred Shares According to the filing, the latest tranche was financed through two at-the-market programmes that sold ordinary shares and a 10 per cent Series A perpetual preferred line. The combined offerings have raised more than $21 billion since October 2024, leaving only a small allocation still available. Strategy said the average price paid for the fresh coins was $92,737, pushing its overall average purchase cost to $68,459. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 202...