Together, the two firms added nearly 15,000 BTC to their treasuries, reinforcing Bitcoin’s appeal as a hedge in uncertain economic environments. This wave of institutional demand further underscores the asset’s transition into a mainstream store of value.
This latest purchase brings the firm’s total Bitcoin holdings to 6,796 BTC, bought at an average price of around $102,119 per coin.
With BTC trading above $104,000, the value of the firm’s holdings now exceeds $708 million, translating to an unrealized gain of more than $100 million.
He also added that the firm’s yield reached 38% between April 1 and May 12, showing continued value creation for shareholders through its BTC-focused treasury strategy.
This brings the company’s total Bitcoin holdings to 568,840 BTC, acquired at an average of $69,287 per coin. At current prices, that stash is worth close to $60 billion, and the firm is sitting on paper profits exceeding $20 billion.
Meanwhile, these latest purchases were funded through the sale of 3.2 million MSTR shares, which raised $1.31 billion, alongside an additional $25.1 million from the sale of STRK preferred stock.