Strategy Launches New $42B Plan to Fund Ongoing Bitcoin Acquisition

Michael Taylor07 May, 2025Business

Michael Saylor is at it again—and this time, he's not just doubling down on Bitcoin, he’s powering up . His company, now known as Strategy (formerly MicroStrategy), just added 1,895 more Bitcoin to its already massive reserves. The purchase? A cool $180.3 million, funded by selling both common (MSTR) and preferred (STRK) shares. At an average of $95,167 per coin, Strategy is buying Bitcoin like it’s real estate in Manhattan—pricey, but worth it.