The Strategic Company (formerly MicroStrategy) announced on Monday, May 26th that it had purchased an additional 4,020 Bitcoin (BTC) for a total of $427.1 million using funds from its recent stock issuance program.
With this acquisitionthe company led by Michael Saylor has accumulated 580.250 BTC on its balance.which paid a total of $40,610 million with an average price of $69,979 per unit.
The purchase was fully funded through the placement of Class A shares (MSTR) and two preferred shares, STRK and STRF. Together, these funding operations allowed the strategy to raise $427 million in net dollars between May 19th and 25th, 2025.
Specifically, the company sold 847,000 popular MSTR shares for $348.7 million. 678,970 STRK prioritized shares at $67.9 million. 104,423 preferred STRF shares shares at $10.4 million. This last series was recently released on May 22nd and offers a 10% annual yield. In total, the strategy is permitted to issue up to $44.1 billion to these financial instruments, of which more than 41 billion.
New BTC purchases were made at an average price of $106,237 per unitsignificantly outweighed the average historical price the company paid. However, the movement reaffirms its long-term strategy as the “world’s first Bitcoin finance company.”
In the following image taken from Bitcintreasuries.com you can see what the 10 public contributors with the most BTC in the Ministry of Finance are
Why is the strategy to buy Bitcoin “expensive”? Questions about perspective
For many observers, the numbers this strategy has made this recent purchase may appear risky or overkill. And, as you can see in the following graph, considering that Bitcoin is very close to the historic maximum price reached last week, it is not unreasonable to think about such things.
But for some, what is the ceiling of a potential market? For others it’s just the beginning of a new upward stage. And the strategy makes it clear: The bet is speculative or opportunistic, strategic and long-term.
From Cryptootics, we report constantly. Bitcoin is undergoing a maturity stage as a global financial asset (this point is true, which is currently one of the 10 most valuable financial assets in the world, as observed below).
As institutional, corporate and government adoption grows, it becomes increasingly relevant as the supply of 21 million units is limited. The story of Bitcoin as a value reserve – So-Caled’s “digital gold” – is integrated on a solid economic foundation in the context of increasing distrust over the Fili currency and the excesses of the traditional financial system.
Furthermore, regular cuts in its emissions (half) will reduce the flow of new Bitcoin available in the market, but demand, especially from ETFs and corporate funds, will only grow. This structural imbalance between supply and demand will lead to projects that many analysts and companies such as strategy will far outweigh current prices in the coming years.
From this perspective, paying $100,000 or $110,000 for Bitcoin is not only reasonable, but also an opportunity. This is a way to enter assets that many people consider to be undervalued in terms of long-term potential.
Cryptootic Publications showed the number of analysts and large investment companies with basic expectations that Bitcoin will even double (or even more) its current price in this same bullish cycle.
So the question will be personal: And do you still think Bitcoin is expensive? Maybe it’s time to broaden the look.
