- Strategy bought 13K BTCs at an average price of $99.8K using money from recent stock offerings.
- The company now holds 568K bitcoins, making it the corporate holder of BTC globally.
- Bitcoin’s activity remains strong, with prices moving between 103K and 105K on May 12.
Strategy announced on May 12, 2025, that it had acquired 13,390 BTC between May 5 and May 11 for approximately $1.34 billion. This purchase was done at an average price of $99,856 per Bitcoin, reinforcing its aggressive Bitcoin treasury strategy.
This strategic acquisition was fully funded through the company’s ongoing at-the-market (ATM) equity offerings. Specifically, Strategy raised $1.34 billion in net proceeds through the sale of 3,222,875 MSTR common shares and 273,987 STRK preferred shares. These sales reflect continued investor confidence in Strategy’s long-term Bitcoin play. According to the company’s filing, “The total and average purchase prices include fees and other expenses,” ensuring full transparency in its financial reporting.
Bitcoin Holdings Reach Unprecedented Levels
With this latest purchase, Strategy now holds 568,840 BTC, acquired at a total cost of $39.41 billion. The average purchase price of its total holdings stands at $69,287 per Bitcoin. These holdings have turned Strategy into the largest corporate holder of Bitcoin globally.
The company has been acquiring Bitcoin since 2020 as part of its treasury reserve policy. Under the leadership of Michael Saylor, Strategy transitioned from a traditional enterprise software company to a significant institutional Bitcoin investor.
The move is widely seen as a foundational shift in how public companies manage their balance sheets amid ongoing inflationary concerns. The bold Bitcoin accumulation strategy has attracted global attention from analysts, investors, and competing firms alike.
Related: Bitcoin Giant Strategy Targets $21B for Fresh Crypto Push
Current Market Landscape and BTC Metrics
As of May 12, 2025, Bitcoin (BTC) trades at $103,913.25, reflecting a 0.66% decline in the last 24 hours, according to CoinMarketCap. The 24-hour trading volume surged to $53.7 billion, up by 20.97%, indicating heightened market activity.
Bitcoin fluctuated between $103.5K and $105.5K during the day, briefly touching $104.73K before pulling back. It has a market cap of $2.06 trillion and a fully diluted valuation (FDV) of $2.18 trillion. The circulating supply of BTC is 19.86 million, nearing its 21 million cap.
Could Strategy’s mad accumulation of Bitcoin trigger other corporate bodies to make crypto assets a mainstream treasury instrument?
