Strategy Boosts Bitcoin Holdings to $58.5B Amid Bullish Market Sentiment, Eyes Further Purchases
May 12, 2025
Technical indicators for Bitcoin suggest potential volatility, with the Relative Strength Index (RSI) at 58 and a bullish crossover noted on the Moving Average Convergence Divergence (MACD) chart.
On May 12, 2025, Strategy announced it has increased its Bitcoin holdings to $58.5 billion after acquiring 13,390 BTC for approximately $1.34 billion, at an average price of nearly $100,000 per coin.
While Strategy's aggressive accumulation solidifies its status as the largest corporate Bitcoin holder, questions remain about the model's sustainability amid potential market corrections.
As Bitcoin approaches the $105,000 mark, just 4% shy of its all-time high, optimism grows regarding a potential trade deal with China.
Despite major losses reported in Q1 and an $84 billion stock offering, Strategy's aggressive Bitcoin accumulation reflects a bullish sentiment in the market.
Michael Saylor, executive chairman of Strategy, hinted at further Bitcoin purchases, generating excitement and speculation among cryptocurrency traders.
Analysts suggest that increased corporate buying pressure, like that from Strategy, may create upward pressure on Bitcoin's supply and demand dynamics, as the cryptocurrency's supply is finite.
The company's stock has risen nearly 40% in 2025, indicating strong investor confidence in its Bitcoin-centric strategy.
Market analysts are divided on the outlook, with some citing renewed institutional interest while others caution against the risks associated with high average entry prices.
The rise of Bitcoin ETFs and regulatory clarity in the U.S. and EU are supporting sustained growth in Bitcoin investments.
If Saylor's rumored purchase is confirmed, it could act as a bullish catalyst for Bitcoin and related assets, potentially increasing institutional inflows.
Market forecasts suggest Bitcoin could reach $120,000 within the next year, driven by rising institutional interest and broader acceptance of cryptocurrencies.
Summary based on 14 sources
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Sources

TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more • May 12, 2025
Another major news sends MicroStrategy stock surging
CoinDesk • May 12, 2025
MSTR News: Bitcoin Holdings Rise to 568,840
Cointelegraph • May 12, 2025
Strategy added 13,390 Bitcoin for $1.34B as price topped $100K
Decrypt • May 12, 2025
Another $1.3 Billion in Bitcoin: Michael Saylor’s Strategy Keeps Buying