Strategy Boosts Bitcoin Holdings by 6,556 BTC, Valued at $46 Billion

Strategy, a prominent Bitcoin treasury company, has significantly increased its holdings, acquiring an additional 6,556 BTC between April 14 and April 20, 2025. This purchase brings the company's total Bitcoin holdings to 538,200 BTC, valued at over $46 billion. The acquisition was funded through the sale of 1.76 million shares of its Class A common stock and over 91,000 shares of a preferred stock series, raising a total of $555.5 million.

Michael Saylor, the co-founder and Executive Chairman of Strategy, highlighted that over 13,000 institutions now have direct exposure to the firm. According to public data as of Q1 2025, over 13,000 institutions and 814,000 retail accounts hold Strategy's stock directly. An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios. This increasing popularity among retail and institutional investors is noteworthy as the firm siphons capital from traditional financial markets and into Bitcoin, gradually boosting the price of the supply-capped crypto.

Strategy's stock has become a key on-ramp into Bitcoin, not just for Wall Street but also for everyday investors, pension funds, and institutions worldwide. The company's commitment to boosting its holdings is evident, with a goal of raising $42 billion by the end of 2027 to scoop up more BTC, regardless of market conditions. The latest purchase pushes Strategy’s total stash to 538,200 BTC, purchased at an average price of $67,766 per coin. Overall, the company has spent $36.47 billion implementing its Bitcoin strategy. The price of Bitcoin is currently hovering at around $87,000. At that price, Strategy’s BTC cache is worth around $46.8 billion, marking a paper profit of approximately $10 billion.

Ironically, Wall Street giant Vanguard Group, known for its unwavering anti-Bitcoin stance, is still the top Strategy holder with over 16 million shares, despite reducing its stake by 6% in Q4 2024. Some other top institutions that hold Strategy stock include BlackRock, UBS Asset Management AG, State Street Global Advisors, Cantor Fitzgerald Asset Management, and Morgan Stanley. Strategy joined the tech-heavy Nasdaq-100 index in December 2024 after witnessing tremendous gains during that year. The Strategy stock has gained 5.73% on a year-to-date basis, outperforming the Nasdaq-100, which is down 13%.