Strategy Purchases $555 Million Worth of Bitcoin, Bringing Total Holdings to 538,200 BTC
The company has currently invested $36.47 billion in Bitcoin and remains the largest corporate holder of BTC.
Author: Francisco Rodriguez | Edited by: Parikshit Mishra Updated: April 21, 2025, 12:48 PM Published: April 21, 2025, 12:25 PM
What you should know:
- Strategy increased its assets by 6,556 bitcoins, spending $555.8 million.
- The transaction was financed with proceeds from two public offerings.
- Strategy currently holds 538,200 BTC, purchased at an average price of $67,766 per unit.
Strategy (MSTR) added 6,556 bitcoins (BTC) to its balance sheet at a cost of $555.8 million, according to a document published Monday.
The materials indicate that the purchase was made using funds received from two of the company's ATM programs.
The company, which is the largest corporate holder of bitcoin, sold 1.76 million Class A shares and over 91,000 shares of Series STRK preferred stock between April 14 and 20.
The sale of common shares brought in $547.7 million, while preferred shares added another $7.8 million. The latest purchase brings Strategy’s total holdings to 538,200 BTC, which were purchased at an average price of $67,766 per unit.
Under the leadership of Michael Saylor, the company has already spent $36.47 billion on bitcoin. MSTR shares rose 2.77% in pre-market trading as BTC rose to $87,300.
