MicroStrategy Spends Over $1.34 Billion to Buy 13,390 More Bitcoins, Expands Stock ATM Program
Investing.com - MicroStrategy Incorporated (ticker: MSTR), the company widely known for its large-scale Bitcoin accumulation strategy, has released the latest update on its stock issuance program on the market (ATM) as well as the Bitcoin holdings as of May 11, 2025.
During the period from May 5 to 11, 2025, MicroStrategy successfully raised $1.34 billion through the sale of MSTR and STRK shares. Specifically, the company sold 3,222,875 shares of MSTR, raising approximately $1.31 billion, along with 273,987 shares of STRK, bringing in an additional $25.1 million.
These two ATM programs, each worth $21 billion, were launched on May 1, 2025 (MSTR) and March 10, 2025 (STRK), respectively. After last week's transactions, MicroStrategy still has room to issue $19.69 billion and $20.85 billion in shares from these programs, respectively.
Continuing the "buy when the market allows" strategy
All proceeds were quickly deployed to purchase 13,390 Bitcoins during the same period. The total value of these transactions was $1.34 billion, equivalent to $99,856/Bitcoin. This shows that MicroStrategy remains steadfast in its Bitcoin accumulation strategy despite market volatility.
As of May 11, 2025, the company holds a total of 568,840 Bitcoins, purchased at a total cost of $39.41 billion, or an average purchase price of $69,287 per Bitcoin. These figures include all fees and costs associated with the transaction.
Market and investor signals
MicroStrategy's continued expansion of its Bitcoin holdings is attracting strong attention from the investment community. With Bitcoin prices hovering around $100,000, analysts say the company may be positioning itself for another bull run as more traditional financial institutions enter the cryptocurrency space.
However, some analysts remain cautious, noting that the company's heavy reliance on Bitcoin could leave MSTR stock vulnerable to volatile crypto markets.
Should You Invest in MSTR Now?
As MSTR stock continues to fluctuate with Bitcoin prices, investors are weighing whether now is a good time to hold. Data from InvestingPro suggests MSTR may be undervalued if its digital asset accumulation strategy continues to pay off in the long run.