Strategy Adds $765 Million In Bitcoin, Faces Lawsuit Over BTC Holdings
Posted On May 19, 2025
U.S.-based Bitcoin treasury firm Strategy (NASDAQ:MSTR) has made another major Bitcoin (CRYPTO: BTC) purchase even as it faces legal scrutiny over its accounting disclosures.
What Happened: According to a regulatory filing with the SEC, the company acquired 7,390 BTC between May 12 and May 18 for approximately $764.9 million, increasing its total Bitcoin holdings to 576,230 BTC, more than 2.7% of Bitcoin’s fixed 21 million supply.
The latest tranche was bought at an average price of $103,498 per coin, with the firm’s average purchase price now at $69,726 per BTC, bringing its unrealized gains to roughly $18.8 billion.
However, the company’s aggressive …
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