Strategy Acquires $555M in Bitcoin, Boosting Holdings to 538,200 BTC

Michael Saylor’s company, Strategy (formerly MicroStrategy), has acquired an additional 6,556 bitcoins for approximately $555.8 million between 14 and 20 April 2025. This purchase brings the company’s total bitcoin holdings to 538,200 BTC, acquired at an average price of $67,766 per coin.
Funding the Acquisition
The latest acquisition was financed through the company’s at-the-market (ATM) stock offering programs. Strategy sold 1.76 million shares of its Class A common stock, raising $547.7 million, and over 91,000 shares of its 8.00% Series A perpetual preferred stock (STRK), generating an additional $7.8 million.
Following the announcement, bitcoin’s price experienced a slight uptick, trading near $87,300. Strategy’s stock also saw a 2.77% increase in pre-market trading. The company’s aggressive bitcoin acquisition strategy has led to a 12.1% year-to-date yield on its BTC holdings.
Strategic Vision and Future Plans
Strategy aims to hold $42 billion in bitcoin by the end of 2027, reflecting its commitment to bitcoin as a core asset. The company maintains a public dashboard on its website, providing real-time information about its bitcoin purchases and holdings, demonstrating transparency in its operations.
Despite the positive performance, the company’s ongoing bitcoin acquisition strategy has drawn criticism. Notably, crypto critic Peter Schiff questioned the implications of such large-scale purchases, suggesting potential risks if the company were to sell its holdings.
Conclusion
Strategy’s recent $555 million bitcoin purchase underscores its unwavering commitment to cryptocurrency as a central component of its corporate strategy. While the company’s aggressive accumulation has yielded significant returns and market influence, it also invites scrutiny and debate regarding the sustainability and risks associated with such a concentrated investment approach.