Strategy Raises $84 Billion for Bitcoin Purchases Amid $4.2 Billion Loss

Michael Saylor’s Strategy has unveiled an ambitious plan to raise $84 billion for Bitcoin (BTC) purchases, capitalizing on the cryptocurrency's surge towards the $100,000 milestone. The company, under Saylor’s leadership, aims to bolster its Bitcoin reserves through a combination of equity and debt offerings. Strategy already holds 554,000 BTC, valued at approximately $53 billion, making it one of the largest corporate holders of Bitcoin.

Despite reporting a $4.2 billion net loss in the first quarter of 2025, primarily due to new accounting rules requiring market-value assessments of digital assets, Strategy remains committed to its acquisition strategy. The company has filed to sell an additional $21 billion in shares, following the depletion of a prior $21 billion offering. Furthermore, Strategy has doubled its debt issuance goal from $21 billion to $42 billion, leveraging its financial position to maximize Bitcoin exposure. The firm’s average Bitcoin purchase price stands at $68,459 as of April 28, 2025, reflecting its long-term belief in the cryptocurrency’s potential.

Through at-the-market equity programs, Strategy has sold $20.9 billion in shares, with only $128 million remaining from its previous allocation. This approach has resulted in a 16.1% increase in its Bitcoin holdings in the first quarter of 2025 alone, significantly outpacing other public companies’ crypto treasuries. Saylor views Bitcoin as a premier store of value, a conviction that remains unshaken by short-term accounting volatility.

While institutional players like Strategy are aggressively acquiring more bitcoins, a new entrant, Bitcoin Pepe, is offering an intriguing investment opportunity for retail investors. The Bitcoin Pepe presale has surpassed $7.5 million, providing a unique chance to invest in a project that combines the strengths of Bitcoin and Solana, two of the most popular blockchains. Bitcoin Pepe is designed as a layer 2 solution to enhance Bitcoin with Solana-like scalability and performance, merging Bitcoin’s security and decentralization with Solana’s high-speed, low-cost transactions.

The project aims to become the central hub for meme coin trading and decentralized finance (DeFi) on the Bitcoin network. Its presale has already accumulated over $7.516 million and is currently in its ninth stage out of the planned 30 stages. The price of Bitcoin Pepe’s native token, BPEP, has risen by 47.6% from the initial presale price, with each stage seeing a 5% price increase. Early investors stand to gain significantly, as the presale allocates 50% of its 2.1 billion BPEP tokens to the community.

Adding to the presale excitement, Bitcoin Pepe introduces a new token standard called PEP-20, tailored for meme coin creation on the Bitcoin blockchain. The project’s bridge to Bitcoin could unlock $2 trillion in dormant BTC capital, potentially revolutionizing meme coin liquidity. Designed for retail accessibility, Bitcoin Pepe aims to onboard the next billion users into the crypto space with its user-friendly platform. As Bitcoin’s value continues to soar, the success of Bitcoin Pepe’s presale signals strong investor confidence in its innovative vision.