Strategy Goes All-In on Bitcoin, Snags 13,390 More Coins for $1.34 Billion!

Holy crypto, Batman! Strategy, the company that used to be called MicroStrategy, just dropped a cool $1.34 billion on 13,390 more Bitcoins, according to a sizzling SEC filing from May 12. These guys are not messing around!

With this latest haul, Strategy's total Bitcoin stash now stands at a mind-blowing 568,840 BTC, worth over $59 billion at today's prices. That's enough to make even the most jaded crypto whale do a double-take!

Executive Chairman Michael Saylor took to X to spill the beans, revealing that they scooped up these coins at an average price of $99,856 per BTC. Talk about timing the market like a boss!

Right now, Strategy's holding onto their Bitcoin at an average cost of $69,287, and they're already seeing a year-to-date yield of 15.5% in 2025. These guys are printing money with their crypto strategy!

Here's the tweet that set the crypto world on fire: "Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin and has achieved BTC Yield of 15.5% YTD 2025. As of 5/11/2025, we hodl 568,840 $BTC acquired for ~$39.41 billion at ~$69,287 per bitcoin. $MSTR $STRK $STRF"

So, how did they pull off this epic buy? By selling 3.22 million shares of common stock and 273,987 shares of their Series STRK preferred stock, raking in $1.34 billion between May 5 and May 11. These guys know how to play the stock market like a fiddle!

And get this - they've still got over $40 billion worth of stock authorized for future issuance across both classes, according to the filings. It's like they've got an endless supply of cash to keep buying more Bitcoin!

Shares of Strategy are already up 1.65% in premarket trading. Investors are loving this aggressive move into crypto!

Strategy's Aggressive BTC Buying Spree

Strategy has been on a Bitcoin buying rampage since 2020, and they're not slowing down anytime soon. They're the biggest public holder of Bitcoin out there, and their MSTR shares jumped 2% in pre-market trading on this news. It's like they're single-handedly pumping the price of Bitcoin!

With Bitcoin currently trading near $104,000, Strategy's Bitcoin treasury is a massive bet on the long-term value of the cryptocurrency. These guys are all-in on the crypto revolution!

And they're not just buying Bitcoin for the heck of it - they're financing these purchases through stock offerings, which shows that they believe Bitcoin is a better store of value than cash or other corporate reserves. It's like they're saying, "Why hold onto boring old cash when you can hodl Bitcoin instead?"