Strategy to accumulate 4.020 Bitcoin when the price exceeds 110,000 dollars

Michael Saylor's strategy, the largest Bitcoin investment firm in the world, just purchased a large amount of BTC when the price temporarily exceeded 110,000 dollars last week.

Strategy company purchased 4,020 Bitcoin for $427.1 million between May 19 and May 23, according to an announcement on May 26.

The latest purchases were made at an average price of $106,237, as BTC surpassed the $110,000 mark on May 22.

This is Strategy's fourth Bitcoin purchase in May, bringing the company's total holdings to 580,250 BTC, purchased for a total value of approximately 40.6 billion dollars, at an average price of 69,979 dollars/BTC.

Strategy Director sells 2,650 MSTR shares

The Strategy's purchase of additional Bitcoin took place after the Strategy director – Jarrod Patten executed a series of Class A stock sales.

According to the report on the securities sale proposal submitted by Strategy on May 22, Patten sold 2,650 shares of MSTR between May 16 and May 21, with a total value of nearly 1.1 million dollars.

As of April 22, Patten has sold a total of 17,050 Class A shares, worth about $6.7 million.

The latest MSTR sale was according to a report from Strategy regarding the proposal to sell securities | Source: SECAdditionally, the CFO of Strategy, Andrew Kang, sold 2,185 Class A shares on May 23, raising $719,447, according to the amended report filed on the same day.

MSTR stock drops 12% after class-action lawsuit

The decision to buy more Bitcoin by Strategy reflects Michael Saylor's philosophy of continuously accumulating Bitcoin regardless of the price, as he once committed to "buying Bitcoin at the peak forever" by the end of 2024.

Meanwhile, the stock of Strategy (MSTR) has plummeted from a record high, losing at least 12% just in the past week. According to data from TradingView, the stock price has dropped from around 420 to 369 dollars.

Stock price chart Strategy (MSTR) 5 days | Source: TradingViewThe highest closing price in history for MSTR stock is around 474 dollars, recorded on November 19, 2024.

The recent drop in Strategy's stock occurred after the company was embroiled in a class action lawsuit, accusing them of fraud in disclosing information about investments in Bitcoin. The lawsuit was filed on May 19, seeking damages for shareholders negatively affected by the alleged securities fraud that reportedly took place in April 2025.

Minh Anh