MicroStrategy snapped up even more Bitcoin and exhausted its 2024 at-the-market common stock offering.
The company, which does business as Strategy, bought 1,895 Bitcoins for a total purchase price of $180.3 million, or around $95,167 per Bitcoin, from April 28 through May 4. Strategy disclosed the transactions in a form filed with the Securities and Exchange Commission on Monday.
The latest purchase brought the company’s total holdings to 555,450 Bitcoins purchased for a total of $38.08 billion, or around $68,550 each.
Tried to mimic the Saylor playbook, then chickened out.
Probably better off that way, tbh https://t.co/F3qyOxi7oW pic.twitter.com/Be00KNwxp4
— Pledditor (@Pledditor) May 5, 2025