Strategy Buys 13,390 BTC as Holdings Surge to 568,840
By: bitcoin ethereum news|2025/05/12 14:30:07
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In another bold move that reinforces its relentless Bitcoin strategy, Michael Saylor’s firm has acquired an additional 13,390 BTC at an average price of ~$99,856 per coin. The purchase totals approximately $1.34 billion, marking a continued show of conviction as BTC hovers near six figures. A Year-to-Date Yield of 15.5% in Bitcoin As of May 11, 2025, Strategy now holds 568,840 BTC, worth roughly $39.41 billion, acquired at an average cost of $69,287 per Bitcoin. Impressively, the company reports a 15.5% BTC yield YTD, indicating active optimization and strategic deployment of their assets—not just passive accumulation. This latest buy cements Strategy’s position as one of the largest corporate holders of Bitcoin globally, reinforcing Saylor’s long-held belief in Bitcoin as “economic immortality.” What It Means for the Market This massive acquisition sends a strong signal to the crypto space: institutional conviction remains sky-high, even at these elevated prices. It also adds fuel to the broader bullish narrative around BTC’s supply dynamics, especially as post-halving scarcity tightens. At a time when many are waiting for a pullback, Strategy continues to scale in with billion-dollar buys—redefining what it means to “buy the dip.” Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/michael-saylor-strikes-again-strategy-buys-13390-btc-as-holdings-surge-to-568840/
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