Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, made a significant investment last week by acquiring 6,556 Bitcoin for $555.8 million. This latest purchase comes as the cryptocurrency hovers around $85,000. The acquisition took place from April 14-20, with an average price of $84,785 per coin, as revealed in the company’s recent Form 8-K filing with the United States Securities and Exchange Commission. This new addition represents 1.2% of Strategy’s total Bitcoin holdings, which stood at 538,200 BTC as of April 20, acquired for $36.5 billion at an average price of $67,766 per BTC. The purchase was funded through proceeds from stock offerings. Strategy’s latest buying spree follows a previous acquisition of 3,459 BTC on April 14, marking the first purchase since March 31. The company had paused its buying activity between March 31 and April 6 when Bitcoin’s price dropped below $87,000. In 2025, Strategy has acquired a total of 91,800 Bitcoin, constituting 17% of its overall BTC holdings. This is a developing story, and more information will be provided as it becomes available.
Posted in
JUST IN
