MicroStrategy Adds 13,390 Bitcoin for $1.34 Billion, Bringing Holdings to 568,840 BTC

MicroStrategy disclosed that its Bitcoin accumulation arm, Strategy, bought 13,390 bitcoins between 5 and 11 May for about $1.34 billion, paying an average $99,856 per coin. The purchase was confirmed in a statement posted by Executive Chairman Michael Saylor on 12 May.
The transaction raises the company’s holdings to 568,840 bitcoins, acquired for roughly $39.41 billion at an average price of $69,287. Saylor said the position has generated a 15.5% Bitcoin-denominated yield so far in 2025.
The latest acquisition underscores MicroStrategy’s continued commitment to using Bitcoin as its primary treasury reserve asset. Since adopting the strategy in 2020, the company has become the largest corporate holder of the cryptocurrency and has encouraged other firms and governments to consider similar moves.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
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