Key Takeaways
- Strategy bought 13,390 Bitcoin for $1.34 billion between May 5–11.
- The purchase pushed Strategy's total holdings to 568,840 BTC at an average price of $69,287.
- The firm surpassed its 2025 Bitcoin Yield target of 15% and raised the goal to 25%.
Michael Saylor’s firm Strategy has acquired 13,390 more Bitcoin between May 5 and May 11, spending $1.34 billion at an average price of $99,856 per coin.
The latest purchase pushed the firm’s total holdings to 568,840 BTC, valued at roughly $58.5 billion at current prices.
SEC filing & market impact
The acquisition, disclosed in a May 12 SEC filing, came as Bitcoin climbed back above $100,000 on May 8.
It increased Strategy’s total Bitcoin reserves by 2.4%, with the firm’s average purchase price now at $69,287 per BTC.
Bitcoin yield & future goals
Following the buy, Strategy’s Bitcoin Yield — the percent change in BTC holdings per diluted share — rose to 15.5%, surpassing its previous 2025 target of 15%.
The firm has since updated its annual goal to 25% as of early May.
Market reactions & criticism
Saylor said in a post on X:
We achieved our 2025 Bitcoin Yield target of 15.5%.
Despite the milestone, some critics remain wary.
Longtime Bitcoin skeptic Peter Schiff responded, warning that Strategy’s increasing average cost could expose it to significant downside risk.
He added that a market correction could turn paper losses into “huge real losses.”
Schiff said:
Your next buy will likely push your average cost above $70,000.
Future capital plans
On May 1, Strategy revealed plans to double its capital raise to $84 billion — split evenly between equity and fixed-income — to fund further Bitcoin acquisitions.
