Strategy added 13,390 Bitcoin for $1.34B as price topped $100K
Michael Saylor’s Strategy purchased a fresh batch of Bitcoin as the cryptocurrency pushed above $100,000 last week.Strategy acquired 13,390 Bitcoin (BTC) for $1.34 billion between May 5 and May 11, the firm announced in its filing with the US Securities and Exchange Commission published on May 12.The acquisition has increased Strategy’s total Bitcoin holdings by 2.4% to a total of 568,840 BTC, acquired for approximately $39.4 billion at an average price of $69,287 per coin.An excerpt from the Form-8 by Strategy filed on May 12. Source: StrategyThe newly announced purchases were made at an average price of $99,856 per BTC, with Bitcoin reclaiming the psychological mark of $100,000 on May 8.Strategy achieves Bitcoin yield targetFollowing the acquisition, Strategy met its 2025 Bitcoin yield target, co-founder Michael Saylor said in a May 12 post on X. The purchase brought Strategy’s BTC yield — an indicator representing the percentage change of the ratio between its BTC holdings and assumed diluted shares — to 15.5%, Saylor said in a statement on X.Source: Michael SaylorAs previously mentioned, Strategy seeks to maintain the Bitcoin yield target at 15% for the entire 2025 after posting a 74% BTC yield last year.Magazine: Adam Back says Bitcoin price cycle ’10x bigger’ but will still decisively break above $100K
Michael Saylor’s Strategy purchased a fresh batch of Bitcoin as the cryptocurrency pushed above $100,000 last week.
Strategy acquired 13,390 Bitcoin (BTC) for $1.34 billion between May 5 and May 11, the firm announced in its filing with the US Securities and Exchange Commission published on May 12.
The acquisition has increased Strategy’s total Bitcoin holdings by 2.4% to a total of 568,840 BTC, acquired for approximately $39.4 billion at an average price of $69,287 per coin.
The newly announced purchases were made at an average price of $99,856 per BTC, with Bitcoin reclaiming the psychological mark of $100,000 on May 8.
Strategy achieves Bitcoin yield target
Following the acquisition, Strategy met its 2025 Bitcoin yield target, co-founder Michael Saylor said in a May 12 post on X.
The purchase brought Strategy’s BTC yield — an indicator representing the percentage change of the ratio between its BTC holdings and assumed diluted shares — to 15.5%, Saylor said in a statement on X.
As previously mentioned, Strategy seeks to maintain the Bitcoin yield target at 15% for the entire 2025 after posting a 74% BTC yield last year.
Magazine: Adam Back says Bitcoin price cycle ’10x bigger’ but will still decisively break above $100K
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