Strategy’s Bitcoin Stack Grows to $40.6 Billion After Latest BTC Purchase

Strategy announced Monday its latest purchase of 4,020 Bitcoin, worth $427 million, between May 19 and May 25, 2025.

This acquisition lifts Strategy’s total Bitcoin holdings to a record 580,250 BTC, valued at $40.61 billion. With this disclosure, Strategy further cements its leadership as the largest publicly traded Bitcoin holder. 

Record-Breaking Bitcoin Acquisition

Formerly known as MicroStrategy, Strategy has reinforced its reputation at the forefront of Bitcoin adoption among corporations. Its official statement confirms the purchase of 4,020 additional Bitcoin between May 19 and May 25, 2025.

The total investment of $427 million reflects an average price of $106,237 per Bitcoin. This rapid move increases Strategy’s BTC treasury to 580,250 coins, giving it the world’s largest corporate Bitcoin reserve. That trove now represents nearly 3% of Bitcoin’s circulating supply, giving the company outsized influence on market sentiment.

“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,” Saylor posted on X.

Strategy completed its purchase after a period of relative stability for Bitcoin, demonstrating confidence in its long-term value. Notably, the company’s stock price was volatile following the announcement. The MSTR stock was trading at $369 at press time, down 7%.

Strategy used funds from its at-the-market (ATM) equity and preferred stock offerings to finance this acquisition. These methods offer flexible funding and allow the company to raise capital efficiently by issuing new shares at current market prices. 

Importantly, this funding mechanism showcases a strategic use of traditional financial tools to support digital investments. Combining equity financing with Bitcoin buying has set a new bar for firms considering similar asset allocations. 

While some in the industry remain skeptical about heavy corporate involvement in cryptocurrencies, the trend toward integrating digital assets into corporate treasuries is on the rise.

With BTC trading near record highs, markets will watch whether the company accelerates issuance to chase its aggressive 2025 yield goal and how that might ripple across BTC and MSTR stocks.

It also appears that following Michael Saylor’s lead, firms across Brazil, the Middle East, Asia, and beyond are increasingly adopting Bitcoin as a reserve asset.