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Strategy disclosed in an 8-K filing on Monday that it had acquired 24,869 BTC for roughly $2.01 billion between May 11 and May 17, lifting total holdings to 843,738 coins — and funded about 97% of the buy through sales of its STRC perpetual preferred rather than common stock.
Michael Saylor's company bought roughly 31 days of global mining output in a single week, paying $71,902 per coin through sales of its Stretch preferred stock without issuing a single common share.
The sixth-largest bitcoin miner by hash rate sold its entire active treasury across February and March, slashing mining costs by 19 per cent while securing $75 million in fresh capital to convert its global infrastructure to AI compute.
The company formerly known as MicroStrategy recorded its largest-ever paper loss as bitcoin fell 22.6 per cent during the quarter, then immediately resumed buying in early April.
A Galaxy Digital report finds 40 percent of publicly traded Bitcoin treasury companies trade below net asset value, with late entrants most exposed to forced liquidation or merger.
Ripple launches Digital Asset Accounts and Unified Treasury features, allowing corporate finance teams to manage XRP and RLUSD alongside traditional fiat currencies within a single treasury management system.
The Michael Saylor-led firm resumes weekly purchases after a rare pause, bringing cumulative spend to $58 billion as it targets one million Bitcoin by year-end.
Tom Lee's BitMine Immersion Technologies now holds nearly 4% of all ether in circulation after another 71,000 ETH weekly purchase, even as other corporate treasuries pause accumulation amid falling prices.
MicroStrategy rebranded to Strategy in February 2025, with the company holding over 500,000 Bitcoin and maintaining a corporate identity centered entirely on Bitcoin acquisition.
