Strategy Acquires 24,869 BTC for $2B Between May 11-17, Holdings Hit 4% of Bitcoin Supply

BTC-0.99%
MSTR-5.23%

According to an SEC 8-K filing released Monday, Strategy (MSTR) acquired 24,869 BTC for approximately $2.01 billion between May 11 and May 17 at an average price of $80,985 per bitcoin. The company’s total bitcoin holdings now reach 843,738 BTC, worth around $65.3 billion at current prices, representing more than 4% of bitcoin’s 21 million supply cap. The latest purchases were funded through proceeds from at-the-market sales of Strategy’s Class A common stock (MSTR) and perpetual preferred stock (STRC).

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