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Strategy has purchased 13,390 BTC for $1.34 billion, growing its holdings to 568,840 BTC and doubling down on its 
Bitcoin treasury strategy. Meanwhile, Japanese investment firm Metaplanet has bought another $126.7 million worth of bitcoin, taking its total holdings to 6,796 BTC.
What’s the Scoop?
- Massive Purchase: Strategy acquired an additional 13,390 BTC for $1.34 billion at an average price of $99,856 per bitcoin between May 5 and May 11. The company now holds 568,840 BTC, worth over $59 billion, representing more than 2.7% of Bitcoin’s fixed supply.
- Equity Sales: The recent purchases were funded through the sale of Strategy's class A common stock (MSTR) and perpetual preferred stock (STRK).
- Corporate Bitcoin Leader: Strategy remains the leading corporate Bitcoin holder, amid growing interest in Bitcoin treasury strategies by over 70 companies.
