Strategy disclosed on May 26th that it purchased 4,020 Bitcoin between May 19th and May 23rd for approximately $427.1 million, at an average price of $106,237 per coin.
Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025. As of 5/25/2025, we hodl 580,250 $BTC acquired for ~$40.61 billion at ~$69,979 per bitcoin. $MSTR $STRK $STRF https://t.co/eAd03GIKam
— Michael Saylor (@saylor) May 26, 2025
This latest purchase brings the company’s total Bitcoin holdings to 580,250 Bitcoin, acquired at an average cost basis of $69,979, representing a cumulative investment of approximately $40.6 billion.
To finance the acquisition, Strategy raised capital through its at-the-market (ATM) equity programs, generating $427 million between May 19th and 25th.
The breakdown includes $348.7 million from MSTR shares, $67.9 million from STRK shares, and $10.4 million from STRF shares.
Remaining available capacity under these programs stands at $18.63 billion for MSTR, $20.72 billion for STRK, and $2.09 billion for STRF.
With 580,250 Bitcoin, Strategy holds about 2.7% of Bitcoin’s circulating supply.
Strategy has made Bitcoin a central part of its treasury strategy. Its stock, MSTR, has gained 31% over the past three months, 139% over the past year, and 2,889% since initiating its Bitcoin purchases.
As of the latest figures, the company has a market cap of $103.2 billion and an enterprise value of $113.3 billion. Daily trading volume recently reached $7.93 billion, above the 30-day average of $5.79 billion.
Strategy’s combined debt and preferred stock represent about 10% of its market capitalization and 16% of its Bitcoin net asset value. The company’s modified NAV has declined 7.29%, now at 1.78.
Implied volatility for MSTR is 76%, with 30-day historical volatility at 50%. Options open interest totals nearly $74 billion, indicating sustained market engagement.
Strategy continues to allocate capital toward Bitcoin through equity-funded purchases.
Its approach positions the company as the largest corporate holder of Bitcoin, with ongoing implications for both its financial profile and investor perception as market conditions evolve.