MicroStrategy’s Bold Bitcoin Bet: $1.34 Billion Purchase Solidifies Dominance
In a bold move underscoring its unwavering confidence in Bitcoin, MicroStrategy has purchased an additional 13,390 BTC for $1.34 billion, further cementing its position as the largest corporate holder of the cryptocurrency. This acquisition brings the company’s total Bitcoin holdings to a staggering 568,840 BTC, valued at approximately $39.4 billion as of May 13, 2025. The aggressive accumulation strategy has yielded a 15.5% return, highlighting the firm’s bullish outlook on Bitcoin’s long-term potential. Despite warnings from gold advocate Peter Schiff about the risks of debt-fueled Bitcoin acquisitions, MicroStrategy continues to double down on its commitment to the leading digital asset. This latest purchase not only reinforces the company’s dominance in the corporate Bitcoin space but also signals strong institutional confidence in Bitcoin’s future. As the cryptocurrency market evolves, MicroStrategy’s strategic moves are closely watched by investors and analysts alike, serving as a barometer for institutional sentiment towards digital assets.
MicroStrategy Doubles Down on Bitcoin with $1.34 Billion Purchase
Michael Saylor’s MicroStrategy has acquired an additional 13,390 bitcoins for $1.34 billion, cementing its position as the largest corporate holder of the cryptocurrency. The firm now controls 568,840 BTC—a $39.4 billion position that represents a 15.5% yield on its aggressive accumulation strategy.
The move comes despite warnings from gold advocate Peter Schiff, who cautions about the risks of debt-fueled Bitcoin acquisitions. Saylor appears undeterred, with plans to raise $84 billion for further purchases—a gambit that simultaneously captivates and unsettles institutional investors.
Bitcoin Surges Past $100,000 as Trump Administration Signals Support for Digital Dollar
Bitcoin’s price rally has breached the $100,000 mark, propelling the global crypto market cap beyond $3 trillion. The surge follows weeks of consolidation and renewed institutional optimism in the United States.
Former President Donald Trump’s cryptic tease of an "earth-shattering" announcement preceded concrete policy developments—including heightened support for a digital dollar and broader cryptocurrency infrastructure. This political tailwind has fueled bullish projections, with some analysts speculating Bitcoin could eventually rival gold’s $20 trillion market valuation.
Meanwhile, Meta’s stablecoin ambitions are driving investor interest in Web3 wallet solutions, though the article text cuts off before detailing specific developments.
Bitcoin Whales Move $500 Million in BTC, Signaling Potential Market Shift
Bitcoin whales executed a series of high-value transactions totaling over $500 million in BTC within a span of hours. The movement involved 4,203 BTC and included transfers across major exchanges such as Bitfinex, Kraken, and Coinbase Institutional.
On-chain data from Whale Alert revealed at least six large holders participated in the flurry of activity. The timing of these transactions—clustered within a three-hour window—suggests coordinated action among institutional or high-net-worth players.
Such substantial movements often precede volatility. Market participants are watching closely for either accumulation or distribution patterns that could influence Bitcoin’s near-term price action.