Strategy Acquires 15,355 BTC for $1.42 Billion, Boosts Holdings to 535,555 BTC

Strategy, a prominent Bitcoin investment firm, recently expanded its cryptocurrency holdings by acquiring 15,355 Bitcoin (BTC) between April 21 and 27. This purchase was made at an average price of $92,737 per BTC, totaling $1.42 billion. The acquisition increased Strategy's total BTC holdings to 535,555 BTC, valued at over $50 billion. This marks the firm's largest purchase since late March, when it acquired 22,048 BTC for $1.92 billion at an average price of $86,969 per BTC.

Strategy's co-founder, Michael Saylor, announced the purchase on X, highlighting the firm's impressive Bitcoin yield. As of April 27, Strategy holds 553,555 BTC, acquired for approximately $37.90 billion at an average price of $68,459 per BTC. The firm's Bitcoin yield, which represents the percentage change in the ratio between its BTC holdings and assumed diluted shares, stands at 13.7% year-to-date. In 2024, this yield amounted to 74%, and the company aims to achieve a 15% yield target by 2025.

This significant investment by Strategy underscores the firm's commitment to Bitcoin as a long-term investment strategy. The purchase was made during a period when the cryptocurrency's price surged above $90,000, reflecting the firm's confidence in the asset's potential for growth. The acquisition not only increases Strategy's holdings but also reinforces its position as a leading player in the Bitcoin investment landscape. The firm's strategic purchases and impressive yield figures demonstrate its ability to navigate the volatile cryptocurrency market effectively.