Strategy Acquires 7,390 BTC for $765 Million
- Strategy, formerly MicroStrategy, bought 7,390 BTC for $764.9 million from May 12 to May 18, 2025.
- The company now holds a total of 576,230 BTC valued at over $59 billion.
- Total expenditure on Bitcoin investments is reported as $40.2 billion.
- Funding was achieved through issuing MSTR common stocks and STRK preferred shares.
- A class-action lawsuit alleges misrepresentation of risks in Strategy’s Bitcoin strategy.
Strategy’s recent purchase increases its Bitcoin holdings to a total of 576,230 BTC, with current valuations exceeding $59 billion.
Source (2.6)https://hodl.press/strategy-firm-acquires-7390-btc-for-765-million/?rand=24434
