Strategy Boosts Bitcoin Holdings by 15,355 BTC, Valued at $1.42 Billion

Strategy, a prominent corporate entity, has significantly bolstered its Bitcoin holdings with the acquisition of 15,355 BTC for approximately $1.42 billion. This purchase, made between April 21 and April 27, 2025, was executed at an average price of $92,737 per bitcoin. The company's total Bitcoin holdings now stand at 553,555 BTC, valued at over $52 billion, which constitutes about 2.6% of Bitcoin’s total supply of 21 million coins.

Strategy has invested around $37.9 billion in acquiring its Bitcoin stack, including associated fees and expenses. With Bitcoin currently trading around $95,000, the company is sitting on paper gains of approximately $14 billion. This substantial investment underscores Strategy's commitment to Bitcoin as a long-term asset, despite the volatility often associated with cryptocurrencies.

Funding for these acquisitions was secured through the sale of the company's stock. Strategy sold 4,020,000 shares of its class A common stock (MSTR) for approximately $1.4 billion and 435,069 shares of its perpetual strike preferred stock (STRK) for about $37.5 million. Following these sales, only $128.7 million worth of MSTR shares remain available under the current program, while the STRK program still has $20.92 billion worth of shares available for issuance and sale.

These stock sales are part of Strategy’s broader “21/21 plan,” which aims to raise a total of $42 billion through equity offerings and fixed-income securities for Bitcoin acquisitions. The recent purchase follows another acquisition just a week earlier, where Strategy bought 6,556 BTC for approximately $555 million at an average price of $84,785 per bitcoin.

Strategy’s stock performance has been robust despite market fluctuations. MSTR closed up 5.2% on Friday at $368.71, reflecting a rebound in both traditional and crypto markets. The stock has gained nearly 23% year-to-date, with a market cap now standing at $98.1 billion. This performance is particularly noteworthy when compared to tech giants, as MSTR delivered a 6% return over the past three months, while companies like NVIDIA, Microsoft, and Google saw negative returns.

The current stock price of $369.25 represents an increase of $80.98, or 28.09%, over the past month. This surge reflects positive market reaction to both Bitcoin’s price movement and Strategy’s aggressive accumulation strategy. Bitcoin itself has shown solid performance recently, trading around $94,725 with a 0.89% increase over the past 24 hours and a 7.44% gain over the last week.

Strategy is not the only company embracing Bitcoin as a strategic asset. A growing number of corporations are adopting similar approaches to Bitcoin acquisition. Last week, several companies, including Cantor Fitzgerald, SoftBank, Bitfinex, and Tether, announced plans to launch a $3.6 billion Bitcoin venture. These companies join others like Semler Scientific, KULR, and Metaplanet in following the Bitcoin acquisition model pioneered by Strategy.

A new “Bitcoin-native” public company called Twenty One is also entering the scene. With Strike boss Jack Mallers as CEO, Twenty One aims to launch with over 42,000 BTC. Analysts suggest that Twenty One is positioning itself as a more agile and capital-efficient vehicle for Bitcoin exposure compared to Strategy. The company has developed two custom metrics, Bitcoin Per Share (BPS) and Bitcoin Return Rate (BRR), to track performance and provide transparency about how much BTC each share is worth and how that value grows over time.

Twenty One’s roadmap includes developing Bitcoin-native debt and equity products, launching a lending platform, and offering education and advisory services for both institutional and retail investors. Strategy’s latest Bitcoin acquisition was officially announced on April 28 in an 8-K filing with the Securities and Exchange Commission, further solidifying its position as a leader in corporate Bitcoin holdings.