MicroStrategy Expands Bitcoin Holdings by 1.2% With $555.8M Purchase

Coin WorldMonday, Apr 21, 2025 8:47 am ET
1min read

Michael Saylor’s Strategy, a prominent corporate Bitcoin holder, has recently expanded its Bitcoin holdings by acquiring 6,556 BTC for $555.8 million. This purchase was made between April 14 and April 20, with an average price of $84,785 per coin. The acquisition was disclosed in Strategy’s latest Form 8-K filing with the United States Securities and Exchange Commission.

The latest purchase represents 1.2% of Strategy’s total Bitcoin holdings, which now stand at 538,200 BTC. The total amount spent on these holdings is $36.5 billion, with an average purchase price of $67,766 per BTC. The funds for this acquisition were generated from the sale of 1,755,000 Strategy shares for $547.7 million and 91,213 shares of Series A preferred stock for $7.8 million.

This recent purchase marks a resumption of Strategy’s Bitcoin buying spree after a brief pause. The firm had previously acquired 3,459 BTC on April 14, which was its first purchase since March 31. Notably, there was a period between March 31 and April 6 when Strategy did not report any Bitcoin purchases, which was unusual given the firm’s consistent buying pattern. This pause coincided with a drop in Bitcoin’s price below $87,000.

In 2025, Strategy has acquired a total of 91,800 BTC, which accounts for 17% of its total Bitcoin holdings. This aggressive buying strategy underscores Strategy’s commitment to Bitcoin as a long-term investment and its belief in the cryptocurrency’s potential for growth and stability.

Comments



Add a public comment...
No comments

No comments yet

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.