Strategy Adds $1.42 Billion in Bitcoin, Elevating Holdings to 553,555 BTC
MSTR now holds 2.636% of Bitcoin's total supply.
In a significant move underscoring its commitment to Bitcoin, Strategy (NASDAQ: MSTR) has acquired an additional 15,355 BTC, investing approximately $1.42 billion between April 21 and April 27, 2025. This purchase brings the company's total Bitcoin holdings to 553,555 BTC, valued at over $52 billion based on the current market price of around $95,000 per coin.
Strategic Acquisition Details
The recent acquisition was executed at an average price of $92,737 per Bitcoin. This marks Strategy's most substantial purchase since late March, when it acquired 22,048 BTC for $1.92 billion at an average price of $86,969 per coin. The company's cumulative average purchase price now stands at $64,459 per Bitcoin.
Funding Through Stock Offerings
To finance this acquisition, Strategy utilized proceeds from its at-the-market (ATM) stock offerings. Between April 21 and April 27, the company sold over $4 million worth of its Class A common stock and more than 435,000 shares of its 8.00% Series A preferred stock (STRK). According to the company's latest 8-K filing, only $128.7 million remains in the common stock ATM program, a small fraction of the original $21 billion program initiated in October 2024.
Market Impact and Company Performance
Following the announcement, shares of Strategy (MSTR) experienced a 1.5% increase in pre-market trading, aligning with a modest rise in Bitcoin's price since the previous Friday. Year-to-date, MSTR shares have surged approximately 23%, reflecting investor confidence in the company's Bitcoin-centric strategy.
Executive Commentary
Michael Saylor, Strategy's Executive Chairman and co-founder, remains a vocal advocate for Bitcoin. In a recent social media post, Saylor highlighted the company's Bitcoin yield of 13.7% year-to-date and emphasized the ongoing opportunity to invest in Bitcoin before it surpasses the $100,000 mark.
Looking Ahead
Strategy's aggressive accumulation of Bitcoin positions the company as the largest corporate holder of the cryptocurrency. With the current holdings representing approximately 2.636% of Bitcoin's total supply, the company's strategy continues to influence both its financial performance and the broader market dynamics.
As Bitcoin's price trajectory remains upward, Strategy's substantial holdings could yield significant returns, further validating its investment approach and potentially inspiring similar strategies among other corporations.