As one of the world's largest corporate Bitcoin investors, Michael Saylor's Strategy slowed its purchases as BTC briefly surpassed $97,000.
According to Strategy's latest Form-8 filing with the U.S. Securities and Exchange Commission (SEC), the company purchased 1,895 BTC at an average price of $95,167 between April 28 and May 4, with a total value of $180.3 million.
This is one of Strategy's smallest Bitcoin purchases this year, similar to the purchase of only 130 BTC in March.
The latest purchase is 87% less than the 15,355 BTC announced last Monday.
Semler increases purchases as prices rise
While Strategy slows its Bitcoin purchases, other institutions are increasing their investments in BTC.
Semler Scientific, a US-listed medical technology company, purchased 167 Bitcoins at an average price of $97,093 between April 30 and May 2, with a total value of $16.2 million.
The purchase, announced on May 5, represents an increase of at least 50% from the 111 BTC the firm announced on April 25.
As of May 2, Semler held 3,634 BTC, with a total investment of $322.3 million and an average purchase price of $88,668 per BTC.
In contrast, Strategy’s Bitcoin holdings are much larger. As of May 4, the firm held 555,450 BTC, with an average purchase price of $68,550.
Strategy’s BTC gains surged to $5.8 billion on May 1
Strategy’s latest Bitcoin purchases come on the heels of its May 1 release of its first quarter 2025 financial results.
According to the update, Strategy achieved a 13.7% BTC return, a metric that represents the percentage change in its BTC holdings relative to the assumed diluted share ratio. This return is close to Strategy’s 15% target for 2025.
Strategy's bitcoin investment income has reached $5.8 billion so far this year, in line with its $10 billion annual target.
In addition, Saylor said the company has doubled its capital plan to $42 billion in equity and $42 billion in fixed income to buy more bitcoin.