google-site-verification=l9c7JrpG7wqxNymxfkdPuCkHTfQpj2iKRGbjnyOvt_k
If money continues to flow into assets like Dogecoin as global liquidity increases, especially during the summer, this correlation could become even more evident – reinforcing the bullish technical trend.Despite the gloomy market, Strategy still buys more Bitcoin.
Michael Saylor, co-founder of Strategy, recently announced on X that his company has just purchased an additional 1,895 BTC for approximately $180.3 million at ~$95,167 per BTC.
As of May 4, 2025, Strategy holds 555,450 BTC purchased for approximately $38.08 billion. At the time of writing, it remains one of the largest BTC holders.
The company's most recent Bitcoin purchase came on April 28 when Strategy purchased 15,355 BTC, worth over $1.4 billion at the time.
Strategy has increased its investments by about 39%, representing more than $15 billion in unrealized gains, according to data from SaylorTracker.
Bitcoin investors continue to closely monitor Strategy, as it is the main driver behind institutional direct exposure to BTC.
Strategy recently said that it plans to raise $21 billion through a stock offering to fund additional BTC purchases.
Adam Livingston, a BTC analyst and author of “The Bitcoin Age and The Great Harvest,” recently said that Strategy’s average daily Bitcoin accumulation rate is around 2,087 BTC, far exceeding the total daily mined supply of around 450 BTC.