Strategy Starts May With 1,895 Bitcoin Buy—Is More Coming?
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Michael Saylor’s Strategy has announced a new Bitcoin purchase to start off May. Here’s how the rest of the month could go, based on past pattern. Strategy Has Just Added 1,895 BTC To Its Bitcoin Stack In a new post on X, Strategy chairman and co-founder Michael Saylor has announced the latest Bitcoin purchase by the company. According to the filing with the SEC, Strategy acquired a total of 1,895 BTC at an average price of $95,167 between April 28th and May 4th. With this $180.3 million purchase, the combined BTC holdings of the firm have risen to 555,450 BTC. In total, the company spent $38.08 billion to acquire this stack. During the last few months, Strategy has been active with their Bitcoin buying and CryptoQuant community analyst Maartunn has noticed an interesting pattern related to these purchases. Below is the chart that the analyst has shared. The timeline of the purchases made by the firm during the last few months | Source: @JA_Maartun on X “The first MicroStrategy purchase of the month is always the smallest. It build up as the month progresses,” notes the analyst. The latest 1,895 BTC acquisition happens to be the first one for the month of May. As such, it’s possible that later buys in this month, if any, would involve a larger amount than this, if the pattern is anything to go by. The Bitcoin reserve of the company currently has its cost basis at around $68,550, so at the latest exchange rate of the cryptocurrency, it would be sitting on a profit of about 38%. So far, it would appear the bet of Saylor’s firm is working out. In some other news, CryptoQuant author Axel Adler Jr has shared…
Filed under: News - @ May 6, 2025 10:23 am