Strategy executes third-smallest Bitcoin buy of 2025, adding 1.8k BTC through stock sales

Strategy (formerly MicroStrategy) has added 1,895 Bitcoin to its balance sheet, according to a May 5 filing with the US Securities and Exchange Commission (SEC)

The purchase cost roughly $180.3 million, with each Bitcoin bought at an average price of $95,167.

According to the filing, the company funded this acquisition through stock sales. The firm sold 353,825 shares of its common stock (MSTR) for $128.5 million and 575,392 shares of preferred stock (STRK) for $51.8 million, respectively.

After this latest buy, the firm now holds 555,450 BTC. It has spent a total of $38.08 billion to accumulate this stash. At current prices, the value of the firm’s Bitcoin holdings stands at around $52.2 billion.

MicroStrategy’s Bitcoin Portfolio (Source: Dropstab)

This position has delivered significant paper profits. The firm’s unrealized gains amount to more than $14 billion with current valuations.

Meanwhile, the latest purchase marks the firm’s third-smallest Bitcoin acquisition in 2025, behind only its March 17 purchase of 130 BTC and the January 6 purchase of 1,070 BTC.

According to CryptoQuant analyst JA Maartunn, Strategy typically starts each month with smaller buys that grow larger as the month unfolds.

MicroStrategy Bitcoin Acquisitions (Source: CryptoQuant)