USDThis Week’s Smart Money Snapshot: Firms Race to Lock Bitcoin Gains
![Robot spinning BTC in surreal mint-amber glass vault [Bitcoin]](https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Robot_spinning_BTC_in_surreal_mint_amber_glass_vault_Bitcoin_383b182baa.webp)
Strategy Acquires 7,390 BTC for $765M Amid Class-Action Lawsuit
Strategy, formerly MicroStrategy, recently acquired 7,390 BTC for approximately $765 million, as Bitcoin prices rose above $100,000. This purchase brings its total holdings to 576,230 BTC worth over $59.2 billion, resulting in an unrealized gain of $19.2 billion (47%). However, the company faces a class-action lawsuit for allegedly failing to accurately represent Bitcoin investment risks. The suit involves executives Michael Saylor, Phong Le, and Andrew Kang, accusing them of misleading statements regarding Bitcoin's profitability. As of May 18, Bitcoin traded around $102,615, up 20.3% over the last month.
Strategy Plans $2.1B Raise to Boost Bitcoin Holdings as BTC Reaches New ATH
Strategy (NASDAQ: STRK) plans to raise $2.1 billion to enhance its Bitcoin holdings following a recent all-time high (ATH) for BTC, reaching approximately $111.9k. The company has entered a sales agreement for 10% series A preferred stock at $0.001 per share. Strategy currently holds about 576,230 BTC, constituting 2.74% of total supply. Analysts from Standard Chartered predict BTC could soar beyond $200k by late 2025, fueled by a favorable regulatory environment and increased demand. Despite facing a class action lawsuit from the U.S. SEC, Strategy's investment strategy has inspired other companies, notably MetaPlanet, to follow suit.
Metaplanet Acquires 1,004 Bitcoin, Aiming for 10,000 BTC by Year-End 2025
Metaplanet, a Japan-based investment firm, has acquired 1,004 Bitcoin for $104.95 million, boosting its total holdings to 7,800 BTC, with a strategic goal of reaching 10,000 BTC by December 2025. Their cumulative cost basis stands at 105.384 billion yen (approx. $728 million). The company recently reported a BTC Yield of 47.8% and plans to launch Metaplanet Treasury to raise $250 million for further acquisitions. Ranked 11th globally among corporate Bitcoin holders, Metaplanet's stock surged 1,700% since mid-2024, reflecting a rising corporate interest in Bitcoin as a hedge against economic uncertainties.
Méliuz Becomes Brazil's First Public Firm with Bitcoin Treasury by Acquiring 274 BTC for $28.4M
On May 19, 2025, Brazilian fintech Méliuz announced the purchase of 274.52 BTC for $28.4 million, becoming Brazil's first publicly traded company to adopt a bitcoin treasury strategy. With this acquisition, Méliuz's total holdings increased to 320.2 BTC, valued at over $33.3 million. The firm acquired BTC at an average price of $103,604 per coin, resulting in a 116% stock surge since its initial purchase in March, rising from $0.68 to $1.47. This move follows trends seen in firms like Strategy and Metaplanet, with DDC Enterprise also entering the market with a goal of acquiring 5,000 BTC.
BTCS Acquires $8.4M in ETH, Boosts Holdings to 12,500 ETH Amid Market Surge
BTCS, a Maryland-based Nasdaq-listed blockchain firm, has purchased 3,450 ETH for $8.42 million, raising its total holdings to 12,500 ETH valued at approximately $31.8 million. CEO Charles Allen emphasized Ethereum's critical role in the company's operations, aiming to enhance validator activities and staking revenue. The acquisition follows BTCS's recent announcement to issue up to $57.8 million in convertible notes for more ETH. Amidst a 53% rise in ETH's value due to the Pectra upgrade, BTCS's stock surged, closing up 13.5% at $2.68 and increasing an additional 8.58% in after-hours trading.
Strive Targets $8 Billion in Mt. Gox Claims to Build Bitcoin Treasury, Plans Nasdaq Merger
Strive Enterprises, co-founded by Vivek Ramaswamy, is seeking to acquire 75,000 BTC (approximately $8 billion) in claims from the distressed Mt. Gox exchange as part of its strategy to create a discounted bitcoin treasury. The firm, in collaboration with 117 Castell Advisory Group, aims to identify legally confirmed claims to enhance its bitcoin holdings per share for long-term benefits. Additionally, Strive plans to merge with Nasdaq-listed Asset Entities to become the first publicly traded bitcoin-focused asset manager, positioning itself alongside other aggressive bitcoin-acquiring firms like Strategy and Metaplanet, pending shareholder approval.
Semler Scientific Surpasses 4,000 BTC After $50 Million Purchase of 455 Bitcoins
Semler Scientific, a Nasdaq-listed healthcare tech firm, recently surpassed 4,000 Bitcoin holdings by purchasing 455 BTC for $50 million, increasing its total to 4,264 BTC. This latest acquisition, made between May 13 and May 22, involved an average price of $109,801 per coin. Overall, Semler has invested $390 million in Bitcoin at an average price of $91,471, with a current market value of $474.4 million. The company reported a Bitcoin Yield of 25.8% year-to-date and has implemented a Bitcoin treasury strategy since May 2024. Semler's stock fell 6.7% to $41.89, reflecting a market cap of $498 million.
MARA Allocates 500 BTC to Two Prime, Aiming for Enhanced Yield and Capital Efficiency
Bitcoin miner Marathon Digital (MARA) plans to allocate 500 BTC to SEC-registered advisor Two Prime as part of an expanded yield strategy, leveraging its substantial 48,137 BTC treasury. This partnership aims to enhance capital efficiency and transparency in digital asset management. Despite a market capitalization of $5.7 billion and a first-quarter revenue increase to $214 million, MARA reported a net loss of $533 million. The company is pursuing up to $2 billion in stock offerings to grow its bitcoin holdings. Year-to-date, MARA shares are down 8%, while Bitcoin prices have surged, hitting a new all-time high above $110,000.
This article has been refined and enhanced by ChatGPT.
![Robot plays glowing GENIUS Act in pastel chess hall [GENIUS]](/_next/image?url=https%3A%2F%2Fprod-coin360-cms.s3.eu-central-1.amazonaws.com%2FRobot_plays_glowing_GENIUS_Act_in_pastel_chess_hall_GENIUS_d38c2f4f36.webp&w=256&q=75)
