MicroStrategy Adds 13,390 Bitcoin for $1.34 Billion, Bringing Holdings to 568,840 BTC
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MicroStrategy disclosed that its Bitcoin accumulation arm, Strategy, bought 13,390 bitcoins between 5 and 11 May for about $1.34 billion, paying an average $99,856 per coin. The purchase was confirmed in a statement posted by Executive Chairman Michael Saylor on 12 May. The transaction raises the company’s holdings to 568,840 bitcoins, acquired for roughly $39.41 billion at an average price of $69,287. Saylor said the position has generated a 15.5% Bitcoin-denominated yield so far in 2025. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: The Defiant
