Michael Saylor’s Company at it Again! Strategy Buys 4K BTC For $427M

Michael Saylor’s business intelligence and Bitcoin treasury company, Strategy, has once again acquired some bitcoins (BTC), increasing its stash to more than 580,250 BTC.

The firm’s latest announcement revealed that the purchase added 4,020 BTC to its ever-growing portfolio. Strategy spent approximately $427 million to acquire each coin at $106,237 between May 19 and May 25.

As usual, the recent acquisition was made with proceeds from Strategy’s sales of MSTR and STRK shares. Following this purchase, the company has now spent roughly $40.61 billion to build a stash of 580,250 BTC at a cost of $69,979 per bitcoin.

Another BTC Acquisition

Unlike previous purchases, Strategy also used proceeds from selling its 10.00% Series A Perpetual Strife Preferred Stock, STRF. The firm announced the sales agreement on May 22, geared towards raising $2.1 billion. The at-the-market (ATM) program offers each STRF share for sale at $0.001.

The $10.4 million raised from selling STRF shares was channeled towards buying BTC. An additional $348.7 million and $67.9 million from sales of MSTR and STRK, respectively, were funneled into the apex crypto.

Last week, Strategy purchased 7,390 BTC for approximately $764.9 million. At the time, the company’s executive chairman and co-founder, Saylor, noted that it had achieved a BTC yield of 16.3% year-to-date (YTD). As of today, that figure has increased to 16.8% over the same time frame.

Strategy Holds 2.7% of BTC’s Total Supply

With BTC trading around $109,660 when writing, Strategy’s portfolio tracker shows the company in 56.77% profit – unrealized gains of more than $23 billion. Notably, the firm has recorded four batches of BTC purchases this month, adding at least 26,500 BTC to its portfolio. Strategy now owns at least 2.7% of the total BTC supply.

While Strategy continues its relentless acquisitions, BTC continues to consolidate between $106,000 and $109,000. This follows the asset hitting a new all-time high at $111,970, according to data from CoinMarketCap.

Meanwhile, the business intelligence entity is battling a class action suit alleging it misled the public about its Bitcoin investment strategy. The lawsuit also claims the firm failed to disclose information about the strategy’s profitability and risks from April 30, 2024, to April 4, 2025. Defendants included Saylor, CEO Phong Le, and chief financial officer Andrew Kang.

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