Market Times:

London:

New York:

Singapore:


New Week, New Purchase: Strategy Acquires 6,556 BTC For $555.8M

Following Strategy's latest purchase, the firm now holds 538,200 BTC acquired for $36.47 billion at an average of $67,766 per coin.

Bitcoin Futures

The world’s largest corporate Bitcoin holder has added another stash of the leading cryptocurrency to its holdings, regardless of the market’s state and reactions to unfavorable macro conditions.

Michael Saylor’s business intelligence firm, Strategy, has announced the acquisition of thousands of bitcoins (BTC) worth approximately $555.8 million at an average purchase price of $84,785 per coin.

Bitcoin Shopping Spree

According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC), Strategy bought 6,556 BTC between April 14 and 20, 2025, using proceeds from sales of its MSTR and STRK shares.

The company revealed that within the same period, it sold 1.755 million MSTR and 91,213 STRK shares for $547.7 million and $7.8 million, respectively. The MSTR sales are tied to a Class A common stock at-the-market (ATM) program, geared toward raising $21 billion for additional BTC acquisitions and corporate expenses. This offering was established in October 2024 and still has about $53 billion worth of MSTR shares left.

On the other hand, the STRK sales are linked to an 8.00% Series A perpetual strike preferred stock offering, created to raise an additional $21 billion for BTC purchases and corporate costs. Strategy launched this offering in March, shortly after it rebranded and changed its business name from MicroStrategy. The STRK program still has about $20.96 billion worth of shares left for sale.

Strategy Now Holds 538,200 BTC

Following Strategy’s latest purchase, the firm now holds 538,200 BTC acquired for $36.47 billion at an average of $67,766 per coin, solidifying its position as the leading corporate BTC holder. The business intelligence entity says it has achieved a BTC yield of 12.1% since the beginning of the year.

Two weeks ago, Strategy reported a whopping $5.91 billion in unrealized losses on its BTC holdings for the first quarter of this year. This was attributed to a significant correction in bitcoin’s price due to macroeconomic policy changes. Throughout Q1 2025, the company added 80,715 BTC to its treasury, spending $7.66 billion from its ATM equity offering programs.

Even after disclosing the multi-billion-dollar unrealized loss on its BTC stash, Strategy has acquired more coins. Last week, the firm added 3,459 BTC, worth more than $285 million, to its holdings, and all indications suggest that Strategy will make more purchases in the near term.

Cynthia Ezirim

Cynthia Ezirim is a news reporter at Cointab who is passionate about Bitcoin, non-fungible tokens, and decentralized technology. She joined the crypto space in late 2022.