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Strategy Buys $1.34B In Bitcoin At $99,856, Cites 15.5% BTC Yield
MicroStrategy Incorporated Class A MSTR | 375.18 373.25 | -1.85% -0.51% Pre |
Strategy, formerly MicroStrategy Inc. (NASDAQ:MSTR), has acquired an additional 13,390 Bitcoin (CRYPTO: BTC) for approximately $1.34 billion at an average price of $99,856 per coin, according to a Form 8-K filing with the U.S. Securities and Exchange Commission.
What Happened: The acquisition, which took place between May 5 and May 11, pushes Strategy's total Bitcoin holdings to 568,840 BTC, accumulated at a combined cost of $39.41 billion and an average purchase price of $69,287.
The purchase was fully funded by the company's ongoing at-the-market (ATM) equity programs, including the sale of 3.22 million shares of MSTR common stock and 273,987 shares of its STRK preferred stock.
The combined offerings generated $1.34 billion in net proceeds, indicating that the entire amount was allocated toward Bitcoin accumulation.
Also Read: Can The US-China Tariff De-Escalation Send Bitcoin, Ethereum To New Highs?
Why It Matters: In parallel with the company's treasury activity, Bitcoin (CRYPTO: BTC) spot ETFs recorded a net inflow of $335 million on May 9, marking the third consecutive day of inflows, according to data from SoSoValue.
Ethereum (CRYPTO: ETH) spot ETFs also saw $17.61 million in inflows, with no outflows reported across any of the nine active Ethereum ETF products.
These sustained inflows into U.S.-listed Bitcoin and Ethereum ETFs reflect growing institutional participation in digital assets, aligning with Strategy's ongoing commitment to a Bitcoin-centric capital allocation strategy.
The company also disclosed a 15.5% Bitcoin yield year-to-date, signaling the performance of its BTC holdings against cost basis amid continued price appreciation.
Strategy's ATM program remains sizable, with over $40 billion in authorized securities, both common and preferred, still available for issuance.
The company's approach continues to treat Bitcoin as its core treasury reserve, executed through traditional capital markets structures.
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