From Yahoo Finance: 2025-05-12 11:15:00

MicroStrategy (Nasdaq: MSTR) announced acquiring 13,390 Bitcoin for $1.34 billion from May 5-11, funded by stock sales. This news follows the U.S. and China trade deal, boosting Strategy’s stock to $423.8 in pre-market trading. Strategy is now the largest corporate holder of Bitcoin, with 568,840 BTC worth $59 billion. Founder Michael Saylor predicts Bitcoin hitting $13 million by 2045. Bitcoin is currently trading at $104,014, up 10% in a week and near its ATH of $108,786. Strategy’s aggressive Bitcoin buying has influenced other companies to add BTC to their balance sheets.



Read more at Yahoo Finance: Another major news sends MicroStrategy stock surging