Strategy Buys 4,020 Bitcoin for $427M, Boosting Total Holdings to Over 580,000 BTC

What to Know

• Strategy purchased 4,020 BTC between May 19–25 for $427.1 million.
• The firm’s total bitcoin holdings now stand at 580,250 BTC.
• The purchase was funded through three separate at-the-market (ATM) equity programs.
• The company’s total bitcoin investment exceeds $40.6 billion.

Strategy Adds 4,020 Bitcoin to Its Treasury in $427M Deal

Strategy (MSTR), the largest publicly traded corporate holder of bitcoin, has once again increased its BTC reserves—this time acquiring 4,020 BTC for approximately $427.1 million. The purchase took place between May 19 and May 25, and was disclosed via a company press release.

This latest acquisition brings Strategy’s total holdings to a staggering 580,250 BTC, solidifying its position as the top corporate bitcoin accumulator in the world.

Funded by Equity Offerings Across Three Channels

The acquisition was funded through three active at-the-market (ATM) equity programs:

• 847,000 shares of common stock (MSTR) were sold for $348.7 million
• 678,970 shares of STRK preferred stock were sold for $67.9 million
• 104,423 shares of STRF preferred stock were sold for $10.4 million

These offerings combined to generate the $427.1 million needed to make the purchase, while still leaving significant capacity within the firm’s broader $45 billion equity program. Strategy has routinely leveraged its ATM offerings to fund its bitcoin buying spree over the years, reflecting its long-term conviction in BTC as a treasury reserve asset.

Total Bitcoin Investment Tops $40.6 Billion

The average purchase price for the most recent tranche of BTC was $106,237 per coin, considerably higher than the company’s overall average of $69,979 per BTC. With this latest buy, Strategy’s total bitcoin investment now stands at $40.61 billion.

This bold accumulation strategy aligns with the firm’s vision to continue building a massive bitcoin treasury through equity raises and opportunistic market entries.

Strategy’s Bitcoin Playbook Continues

Strategy’s aggressive approach to bitcoin accumulation continues to draw attention across both traditional finance and crypto markets. The firm’s willingness to double down on BTC at higher prices speaks to its deep belief in bitcoin’s long-term appreciation potential.

As BTC hovers near all-time highs, Strategy’s move signals confidence in the digital asset’s resilience and future growth—despite volatility or macroeconomic headwinds.

Another Massive Bet on Bitcoin’s Future

With over 580,000 BTC on its balance sheet and a total investment of $40.6 billion, Strategy remains in a league of its own when it comes to corporate bitcoin holdings. Funded through structured equity sales, the firm’s latest acquisition reflects its enduring commitment to bitcoin as a strategic asset.

Investors and crypto watchers alike will now be eyeing how Strategy responds to future market movements—and whether even more BTC buys are on the horizon.