MicroStrategy has added to its Bitcoin holdings this week and will announce the size of its weekly BTC acquisition on 26 May, two sources within the NASDAQ-listed firm told London Insider.
Specifically, MicroStrategy will announce details of its latest Bitcoin acquisition via a press release and via Michael Saylor’s X account on Monday, the sources added, but noted that it might be delayed until Tuesday due to the stock market closure.
On several occasions over the last few weeks and months, the same sources have previously informed London Insider of BTC purchases by MicroStrategy several days before the official announcement from the company and Michal Saylor.
Although details of MicroStrategy’s BTC purchasing activity will be revealed on Monday, the firm will have to wait until Tuesday for its 8K filing with the SEC, as the agency is closed on 26 May for Memorial Day.
This is similar to MicroStrategy’s approach in November, when they announced details of their Bitcoin acquisition on 11 November, which was Veteran’s Day – a public holiday in the US – but they had to wait until the next day for their 8K filing with the SEC to be published.
However, this time might be different as the stock market will also be closed on 26 May, unlike 11 November, when the stock market was still open.
MicroStrategy have been on an aggressive buying spree in recent weeks, amid Bitcoin’s continued rallying and growing interest from institutional investors.
The company purchased Bitcoin last week, continuing its streak of weekly BTC buys.
Between 12 and 18 May 2025 it tapped its standing at-the-market programmes to sell 1,712,708 Class A shares, generating about $705.7 million in net proceeds, while some $18.98 billion in authorised equity still sits on the shelf.
At the same time it issued 621,555 units of its 8.00 percent Series A perpetual preferred stock, pulling in an additional $59.7 million and leaving $20.79 billion of preferred capacity unused.
The cash scarcely cooled in the treasury. During the same week Strategy bought 7,390 bitcoin for $764.9 million—an average of $103,498 per coin. That haul lifts the firm’s holdings to 576,230 BTC purchased at a cumulative $40.18 billion, or roughly $69,726 each.
Executives argue that rapidly redeploying equity proceeds into digital assets demonstrates their conviction that bitcoin remains a superior long-term store of value compared with keeping dollars on the balance sheet.
Not every headline, however, was celebratory. On 16 May 2025 the company revealed that it and several senior officers have been named in a proposed class-action lawsuit filed in U.S. federal court.
Plaintiffs claim Strategy overstated the prospective profitability of its bitcoin-centric treasury strategy and failed to detail adequately the investment and volatility risks inherent in the cryptocurrency.
They seek unspecified damages and other remedies. Strategy calls the allegations baseless and says it will mount a vigorous defence, though it concedes that the timing and magnitude of any potential loss remain uncertain.