Strategy, the business intelligence firm formerly known as MicroStrategy, has continued its aggressive Bitcoin accumulation. On May 5, Executive Chairman Michael Saylor announced that the company purchased 1,895 additional BTC for $180.3 million in cash, bringing its total holdings to 555,450 bitcoins.

The coins were acquired at an average price of $95,010 per bitcoin, according to the company’s regulatory filing. Strategy’s full Bitcoin treasury is now valued at more than $52 billion, cementing its place as the largest corporate holder of Bitcoin in the world.

Bitcoin Price Update

As of Monday morning, Bitcoin (BTC) is trading at $94,170, reflecting a modest pullback from recent highs above $97,000. The leading cryptocurrency has surged more than 120% year-to-date, buoyed by institutional inflows, ETF demand, and growing belief in Bitcoin as digital gold.

Why Strategy Keeps Buying Bitcoin

Michael Saylor has repeatedly stated that Bitcoin is the company’s primary treasury reserve asset, calling it “digital property superior to gold.” Strategy has raised capital through convertible notes and share sales to fund its ongoing BTC purchases.

The firm began its buying spree in August 2020 and has since turned Bitcoin into a central part of its identity.

Saylor posted on X (formerly Twitter), “We’re not slowing down. #Bitcoin is the future.”

Institutional Demand Outpaces Supply

Strategy’s latest purchase aligns with a broader wave of institutional interest:

• Spot Bitcoin ETFs have scooped up nearly 6x more BTC than miners have produced in the past week.
• Major players like BlackRock and Fidelity continue to see record inflows into their Bitcoin funds.
• ETF-related demand is draining supply from exchanges, contributing to the asset’s bullish pressure.

What Comes Next for Bitcoin?

Despite recent price consolidation, many analysts remain optimistic:

• JPMorgan forecasted Bitcoin could reach $135,000 by late 2025.
• More aggressive models, including PlanB’s Stock-to-Flow, suggest potential highs near $700,000 under favorable macro conditions.
• A new all-time high above $100,000 is widely expected in the next market leg, provided resistance levels at $98,000–$100,000 are broken.

Bitcoin price today: $94,170 on May 5 @ 10:05 a.m. ET
Total BTC held by Strategy: 555,450
Total value of holdings: ~$52.35 billion

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