Strategy Grows Bitcoin Holdings To $58.5 Billion With Latest $1.34 Billion Purchase
Briefly

Strategy has expanded its Bitcoin holdings by acquiring 13,390 BTC for about $1.34 billion, raising their total to 568,840 BTC valued at approximately $39.41 billion. This buy, included in a surge of acquisition activity, has seen the BTC yield performance improve to 15.5% YTD 2025. Michael Saylor, during a corporate event, encouraged tech firms to prioritize Bitcoin over stock buybacks, underscoring the company's strong belief in Bitcoin as an optimal treasury asset.
this latest purchase follows the company's prior update on May 5, when it disclosed the acquisition of 1,895 BTC for around $180.3 million at an average price of $95,167 per bitcoin.
During last week's Bitcoin For Corporations event at Strategy World 2025, Michael Saylor, Executive Chairman of Strategy, made a bold statement to tech companies to skip stock buybacks and start buying bitcoin as their reserve asset instead.
Read at Bitcoin Magazine
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