Strategy, $180 million BTC additional purchase… Holdings exceed 555,000
Strategy (formerly MicroStrategy) recently expanded its Bitcoin investment by purchasing an additional 1,895 BTC over approximately a week. Founder Michael Saylor announced the purchase from April 28 to May 4 through X, with the average purchase price calculated at $95,167.
Through this purchase, Strategy's total held Bitcoin number increased to 555,450, and the overall average holding cost is about $68,550. This additional purchase was made while Bitcoin is trading around the $90,000 mark and continuing a bull market, and it is interpreted as a representative case that shows the institution's ongoing trust.
Strategy is evaluated as the first Nasdaq-listed company to incorporate BTC as a core asset in corporate financial strategy and is recognized as a representative player symbolizing institutional demand in the Bitcoin market.