Strategy Invests $427M Into BTC, Spot Bitcoin ETFs See Huge Inflows as Analysts Target $200K

By Marco Piccolo

Strategy (formerly known as MicroStrategy) has made another significant addition to its Bitcoin portfolio, acquiring 4,020 BTC for approximately $427 million. The purchase brings the firm’s total Bitcoin holdings to 580,250 BTC, solidifying its position as the largest corporate holder of the asset. The acquisition was financed through a trio of at-the-market (ATM) equity and preferred stock offerings.

Strategy continues its Bitcoin investment streak

Between May 19 and May 25, Strategy raised capital by selling 847,000 shares of its MSTR common stock for $348.7 million, 678,970 shares of STRK preferred stock for $67.9 million, and 104,423 shares of STRF preferred stock for $10.4 million. 

These instruments allowed Strategy to leverage traditional capital markets to expand its cryptocurrency reserves, exemplifying a strategic blend of conventional and digital finance tools. The average purchase price for the latest tranche was $106,237 per BTC, bringing the firm’s total Bitcoin investment to $40.61 billion at an average price of $69,979 per coin.

Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025. As of 5/25/2025, we hodl 580,250 $BTC acquired for ~$40.61 billion at ~$69,979 per bitcoin. $MSTR $STRK $STRF https://t.co/eAd03GIKam

— Michael Saylor (@saylor) May 26, 2025

Despite the bullish move, Strategy’s stock (MSTR) experienced a 7% dip, trading at $369 following the announcement, reflecting investor caution or profit-taking amid Bitcoin’s relative price stability in recent weeks.

In a similar development, Semler Scientific announced the purchase of 455 BTC at an average price of $109,801, totaling approximately $50 million. This brings the firm’s total Bitcoin holdings to 4,264 BTC, underscoring the growing trend of non-crypto firms adopting Bitcoin as a strategic reserve asset.

Spot Bitcoin ETFs hit record volumes

Meanwhile, U.S.-based spot Bitcoin ETFs are experiencing unprecedented trading activity. In the past week, these products recorded $25 billion in trading volume, the highest since December 2024. Net inflows reached $2.75 billion, marking the second-largest weekly influx since their inception in early 2024.

BlackRock’s iShares Bitcoin Trust (IBIT) remains the market leader, now managing over $71 billion in assets and holding approximately 3.3% of the total Bitcoin supply. IBIT has also maintained a streak of 30 consecutive trading days without significant outflows, signaling robust institutional confidence.

Analysts forecast Bitcoin to hit $180K-$200K by end of 2025

CoinCodex’s latest Bitcoin price prediction is forecasting BTC to reach near $180,000 by the end of 2025, aligning with similarly bullish forecasts from leading financial institutions.

Standard Chartered’s Geoffrey Kendrick reaffirmed a $200,000 target by year-end, citing factors such as capital migration from gold ETFs to Bitcoin, institutional accumulation via vehicles like MSTR, and Bitcoin’s increasing appeal as a macro-sensitive asset amid bond market uncertainty.

Geoffrey Kendrick, a top analyst from major bank #StandardChartered, has doubled down on his forecast that #Bitcoin will hit $500,000 by 2029. 🚀

Here is why👇https://t.co/D6islilkQ6

— CoinCodex (@CoinCodex) May 20, 2025

Bernstein analysts echoed this optimism in a May 19 note, projecting Bitcoin will reach $200,000 by the end of next year, driven by a “new institutional era.” Since late 2022, institutional Bitcoin holdings through ETFs have quintupled to $60 billion. Analysts emphasized that Wall Street’s involvement is becoming a defining force in Bitcoin’s market dynamics.

Political shifts are also contributing to the favorable outlook. Recent appointments by the Trump administration have placed crypto-friendly figures in key regulatory roles, reducing perceived risks. BlackRock’s Jay Jacobs noted that Bitcoin’s resilience during geopolitical tensions, including the ongoing U.S.-China trade disputes, has bolstered institutional interest.

Source:: Strategy Invests $427M Into BTC, Spot Bitcoin ETFs See Huge Inflows as Analysts Target $200K