Strategy, formerly known as MicroStrategy, purchased 1,895 bitcoins between April 28 and May 4 for approximately $180 million, according to a regulatory filing made Monday with the U.S. Securities and Exchange Commission.
The acquisition brings the company’s total bitcoin holdings to 555,450, acquired at an aggregate cost of $38.08 billion. At current market prices, these holdings are valued at about $52.2 billion, representing over 2.6% of the global bitcoin supply.
Stock Sales Fund Latest Purchase
To finance the recent acquisition, Strategy sold a combined 929,217 shares of its stock, raising $180.3 million. The breakdown includes 353,825 shares of its common stock (MSTR) and 575,392 shares of its preferred stock (STRK).
The common stock sale was part of the company’s “21/21 Plan,” a program launched in October 2024 to raise $21 billion exclusively through MSTR stock sales for bitcoin purchases. That initiative has now concluded with the target amount fully raised.
Strategy began selling STRK stock in March 2025 under a separate $21 billion funding effort. As of May 4, the company retains approximately $20.87 billion in available funding capacity through STRK sales.
New Plan Targets $42B by 2027
Following the conclusion of its initial plan, Strategy has launched a new initiative titled the “42/42 Plan.” The company aims to raise $42 billion by 2027, with half of the capital expected to come from stock sales and the other half from debt issuance.
In addition to MSTR and STRK shares, the company also issues STRF preferred stock, which is not directly tied to either funding plan but contributes to the company’s ongoing bitcoin accumulation strategy.
The latest Bitcoin purchase marks the fourth consecutive week of acquisitions. Last week alone, the company acquired approximately $1.4 billion worth of bitcoin.
Firm Targets Higher Yield, Increased Gains
Strategy, led by Executive Chairman Michael Saylor, now reports a paper gain of about $14.2 billion on its Bitcoin holdings. The company has set a new yield target of 25% and seeks to increase total unrealized gains to $15 billion as part of its broader accumulation strategy.
Despite its rebranding, the company continues to focus heavily on Bitcoin as a primary treasury reserve asset, using both equity and debt financing mechanisms to expand its exposure.
The SEC filing did not specify whether additional purchases would be made in the coming weeks, though Strategy’s financial plans indicate a sustained acquisition trajectory through 2027.
