Strategy Acquires 4,020 Bitcoin Amid Market Volatility and Share Price Dip #CriptoNews

Strategy disclosed on May 26th that it purchased 4,020 Bitcoin between May 19th and May 23rd for approximately $427.1 million, at an average price of $106,237 per coin.

This latest purchase brings the company’s total Bitcoin holdings to 580,250 Bitcoin, acquired at an average cost basis of $69,979, representing a cumulative investment of approximately $40.6 billion.

To finance the acquisition, Strategy raised capital through its at-the-market (ATM) equity programs, generating $427 million between May 19th and 25th.

The breakdown includes $348.7 million from MSTR shares, $67.9 million from STRK shares, and $10.4 million from STRF shares.

Remaining available capacity under these programs stands at $18.63 billion for MSTR, $20.72 billion for STRK, and $2.09 billion for STRF.

With 580,250 Bitcoin, Strategy holds about 2.7% of Bitcoin’s circulating supply.

Strategy has made Bitcoin a central part of its treasury strategy. Its stock, MSTR, has gained 31% over the past three months, 139% over the past year, and 2,889% since initiating its Bitcoin purchases.

As of the latest figures, the company has a market cap of $103.2 billion and an enterprise value of $113.3 billion. Daily trading volume recently reached $7.93 billion, above the 30-day average of $5.79 billion.

Strategy’s combined debt and preferred stock represent about 10% of its market capitalization and 16% of its Bitcoin net asset value. The company’s modified NAV has declined 7.29%, now at 1.78.

Implied volatility for MSTR is 76%, with 30-day historical volatility at 50%. Options open interest totals nearly $74 billion, indicating sustained market engagement.

Strategy continues to allocate capital toward Bitcoin through equity-funded purchases.

Its approach positions the company as the largest corporate holder of Bitcoin, with ongoing implications for both its financial profile and investor perception as market conditions evolve.