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Cryptopolitan 2025-05-19 13:44:21

Strategy bought another 7,390 BTC, maintaining its weekly schedule

Strategy continued with its BTC purchases on a weekly basis, acquiring another 7,390 BTC. The relatively larger acquisition happened during a bullish week, with an average price above $103,000. Strategy (MSTR) continued its weekly BTC purchases, this time adding 7,390 BTC to its reserves. The company acquired the additional coins as BTC had a turbulent week with a hike to $106,000. Strategy has acquired 7,390 BTC for ~$764.9 million at ~$103,498 per bitcoin and has achieved BTC Yield of 16.3% YTD 2025. As of 5/18/2025, we hodl 576,230 $BTC acquired for ~$40.18 billion at ~$69,726 per bitcoin. $MSTR $STRK $STRF https://t.co/woIBO11Hz9 — Strategy (@Strategy) May 19, 2025 The latest purchase was in the middle of the range for the weekly buying operations, down from the previous week’s acquisition of 13,390 BTC . After the latest purchase, MSTR common stock traded at $399.80, down from its recent six-month peak. Strategy shares are down from their recent six-month high, though remaining one of the winners for the past month. | Source: Google Finance The latest announcement also included a recent development for Strategy, reporting on an alleged lawsuit filed with the U.S. District Court for the Eastern District of Virginia. The class-action lawsuit against Michael Saylor and associates claims misleading statements on the potential returns for BTC-based investments. The lawsuit covers the April 30, 2024 to April 4, 2025 period, and alleges misleading statements and failure to disclose information on the anticipated profitability of the BTC investment and treasury operations. Despite the purchase announcement, BTC still erased some of its gains over the weekend. The leading coin traded at $102,447, below the average price of Strategy’s purchase for the past week. Despite this, the firm is still in the green with a $69,726 average price per BTC. Strategy achieved its latest purchase after the sale of over $705M in common stock. This week’s purchase is relatively high compared to previous periods, showing BTC bullish momentum translated into demand for MSTR . The rest of the purchase was financed with $59.7M in STRK convertible instruments. After the latest addition to the treasury, Strategy has $18.98B in common stock authorized to issue, and another $20.85B to issue in the form of STRK. With the latest purchase, Strategy has already allocated over $40B to BTC acquisitions at market price, with nearly as much remaining in authorized but not issued common stock or convertible STRK shares. Strategy inspires other companies to keep buying The latest Strategy acquisition coincides with a new announcement from Metaplanet. The Japanese company added another 1,004 BTC to its balance, at an average price of $103,873 per BTC, a higher entry point compared to Strategy. Just like MSTR, Metaplanet stock rallied to $4.39 , close to its higher range for the next few months. Metaplanet also entered the top 10 of the most liquid stocks on the Japanese market, generating new demand by following Strategy’s model. With the latest purchase, Metaplanet holds 7,800 BTC, getting close to its goal for 2025 to acquire 10,000 BTC. In the past week, announcements from corporations aiming to acquire BTC accelerated. Not all potential buyers made good on their promises. A total of 108 public companies hold BTC in their balance, with seven new treasuries added in the past two weeks. Large-scale treasuries now contain 3.33M BTC, one of the biggest reserves with potential long-term holding. Strategy and Metaplanet bought even though ETFs had net outflows in Q1 and a slowly growing balance in Q2. KEY Difference Wire helps crypto brands break through and dominate headlines fast

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