Strategy has deepened its commitment to Bitcoin, acquiring an additional 4,020 BTC at an average price of $106,237 per coin after the cryptocurrency reached a new record high. This latest move brings the company’s total Bitcoin holdings to 580,250 BTC, or about 2.76% of the entire Bitcoin supply.
Major Purchase Follows Bitcoin’s Surge Past $111,000
On May 26, Strategy revealed it had spent $427.1 million to add 4,020 BTC to its reserves. The purchase marks the company’s fourth major Bitcoin buy in May and comes immediately after Bitcoin’s historic price surge above $111,000.
To fund this accumulation, Strategy sold 847,000 shares of its Class A common stock, generating $348.7 million in proceeds. Additional funds came from selling 678,970 shares of perpetual strike preferred stock ($67.9 million) and 104,423 shares of Series A perpetual strife preferred stock ($10.4 million).
Strategy’s Bitcoin Holdings Reach 580,250—Largest Corporate Stake Worldwide
With the latest acquisition, Strategy remains the single largest corporate holder of Bitcoin globally. The company now owns 580,250 BTC, valued at $63.8 billion at current market rates. This represents approximately 2.76% of Bitcoin’s capped 21 million coin supply.
Strategy has spent an estimated $40.6 billion amassing its Bitcoin treasury, with an average cost basis of $69,979 per coin. At present prices, the firm is sitting on unrealized profits exceeding $23 billion.
Latest Buy Outpaces Bitcoin’s Daily Supply
This fourth purchase in May alone is equivalent to roughly nine days’ worth of new BTC entering circulation, highlighting Strategy’s aggressive accumulation strategy even as prices reach new highs.
Breakdown: How Strategy Funded Its Latest Bitcoin Buy
- Sold 847,000 shares of Class A common stock, raising $348.7 million.
- Sold 678,970 shares of perpetual strike preferred stock, raising $67.9 million.
- Sold 104,423 shares of Series A perpetual strife preferred stock, raising $10.4 million.
Outlook: Strategy Doubles Down on Bitcoin Leadership
Strategy’s continued, large-scale Bitcoin purchases reinforce its position at the forefront of institutional cryptocurrency adoption. The company’s willingness to acquire BTC at all-time highs underscores its conviction in Bitcoin as a long-term store of value and its central role in the corporate treasury strategy.
As the Bitcoin market evolves, all eyes will be on Strategy to see whether its bold accumulation pays off—and whether more corporations follow its lead.