Key Points
- Strategy₿ bought 13,390 BTC last week.
- Michael Saylor announced that Metaplanet also bought over $126 million in BTC.
Michael Saylor announced that Strategy₿ bought more Bitcoin as the digital asset surpassed $105,000 today.
Strategy₿ Bought 13,390 BTC
Michael Saylor announced via X that Strategy₿ bought 13,390 BTC for approximately $1,34 billion at $96,856 per Bitcoin. The company achieved a BTC yield of 15.5% YTD, and as of May 11, it holds 568,840 BTC bought for approximately $69,287 per coin.
The company’s total holdings are currently worth over $59 billion at current prices.
Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin and has achieved BTC Yield of 15.5% YTD 2025. As of 5/11/2025, we hodl 568,840 $BTC acquired for ~$39.41 billion at ~$69,287 per bitcoin. $MSTR $STRK $STRF https://t.co/oSXRMwiTkU
— Michael Saylor (@saylor) May 12, 2025
Earlier, Saylor also shared a quote by David Bailey, founder and CEO of Nakamoto, who said that a future is coming where every balance sheet, public or private, will hold Bitcoin. At the same time, Nakamoto seeks to be the first publicly traded conglomerate designed to accelerate this.
Saylor also mentioned via his X account that Metaplanet, another Bitcoin-centric company, has bought over $126 million in BTC, acquiring 1,241 BTC. Now, the company holds 6,796 BTC, currently worth almost $706 million at current prices.
Bitcoin surpassed $105,000 earlier today.
Bitcoin Topped $105,000
After hitting prices above $105,000, at the moment of writing this article, BTC is trading above $104,000.
Bitcoin’s price was pushed above the important level of $105,000 earlier today, following the White House’s announcement.
China and the US Pause Trade War
In an official note, the Governments of the US and China revealed that the two countries have just ended their trade war and reached an agreement. The news was revealed following a meeting in Geneva and kicked off a market rally in the crypto industry, but in the traditional markets as well.
New reports revealed that the US Treasury Secretary Scott Bessent is expected to meet with China again in the coming weeks, regarding future discussions.
Following the latest news about the trade war pause between the US and China, the crypto market remains optimistic about the future.
