Business intelligence and AI firm Strategy has bought 4,020 BTC, bringing its total holdings to 580,250 bitcoins. The company remains the largest corporate holder of Bitcoin, as per data from CoinGecko.
To acquire the BTC, Strategy has sold shares from three classes of stock: Class A common stock (MSTR), 8.00% series A perpetual strike preferred stock (STRK), and 10.00% series A perpetual strife preferred stock (STRF). A total of 847,000 MSTR shares, 678,970 STRK shares, and 104,423 STRF shares were sold for a total of $427 million. Strategy used these proceeds to secure the 4,020 BTC at an average purchase price of $106,237.
As reported earlier by Coin Headlines, a class action lawsuit was filed on the 16th of May, 2025, against Michael J Saylor, Phong Le, and Andrew Kang for allegedly misrepresenting the risks of the company’s bitcoin investment strategy. Strategy stated in the relevant filing it aims to defend against the lawsuit vigorously.
Strategy has been consistently buying BTC as companies around the world establish their own bitcoin investment strategy in an attempt to capitalize on the rising value of the asset class.
Bitcoin is currently trading at $109,802.28 at the time of reporting, up by 59.06% over a 1-year period.