MicroStrategy Expands Bitcoin Holdings to Over 576,000 BTC
MicroStrategy, a top business intelligence company, has further deepened its commitment to Bitcoin by acquiring an additional 7,390 BTC between May 12 and May 18, 2025. The acquisition, valued at approximately $764.9 million, was made at an average purchase price of $103,498 per Bitcoin, according to the latest company disclosure.
With this latest investment, MicroStrategy’s total Bitcoin holdings have surged to 576,230 BTC, which are currently worth about $59 billion based on prevailing market prices.
Bitcoin Purchase Funded Through Stock Offerings
The Bitcoin acquisition was financed through a mix of equity offerings. MicroStrategy raised $705.7 million via an at-the-market (ATM) offering of Class A common stock, alongside $59.7 million from issuing 621,555 shares of its Series A STRK preferred stock.
This move aligns with the company’s long-term Bitcoin strategy, positioning MicroStrategy as a prominent institutional player in the cryptocurrency space.
The company’s average purchase price for its total Bitcoin holdings now stands at $69,726 per coin, with a total investment of $40.18 billion.
Metaplanet Follows Suit with Aggressive Bitcoin Strategy
Echoing this trend, Japanese tech firm Metaplanet has also bolstered its crypto holdings. The company recently acquired an additional 1,004 BTC at an average price of approximately $105,000 per coin, pushing its total Bitcoin reserves to 7,800 BTC, valued at around $732 million.
Over the last seven weeks, Metaplanet has expanded its Bitcoin portfolio by 3,754 BTC, including 2,000 BTC added in just the first three weeks of May. This rapid accumulation reflects increasing confidence among institutional investors.
Institutional Adoption of Bitcoin on the Rise
The growing number of corporate Bitcoin purchases suggests a rising trend in institutional adoption of cryptocurrency. As more businesses recognise Bitcoin’s potential as a store of value and hedge against inflation, demand is expected to surge, potentially boosting its price in the long term.
Both MicroStrategy and Metaplanet are demonstrating strong conviction in Bitcoin’s future, positioning themselves to benefit from its continued mainstream adoption.
MicroStrategy Faces Class Action Lawsuit Over Bitcoin Strategy
Despite its strategic investment moves, MicroStrategy is currently facing legal scrutiny. A class action lawsuit was filed on May 16 in the U.S. District Court for the Eastern District of Virginia. The complaint, filed by Anas Hamza, alleges that the company and executives Michael Saylor, Phong Le, and Andrew Kang misrepresented the risks of its Bitcoin-focused investment approach.
The lawsuit claims that MicroStrategy failed to properly disclose the volatility and financial risks tied to such a heavy reliance on cryptocurrency assets. The case outcome could carry major implications for the company and its investors.
What’s Driving Bitcoin Demand?
- Geopolitical tensions in the Middle East are pushing investors toward safe-haven assets like Bitcoin and gold.
- Bitcoin’s price has hovered around $103,000 over the weekend and is expected to see an upward movement in the coming days.
MicroStrategy’s $764.9 million Bitcoin purchase, along with Metaplanet’s growing treasury, marks a pivotal moment in the broader trend of institutional crypto adoption. As major firms double down on Bitcoin, the cryptocurrency’s legitimacy and role in global finance continue to strengthen.
