Key Takeaways
- Strategy bought 6,556 bitcoins for $555.8M between April 14–20.
- The firm now holds 538,200 BTC purchased at an average price of $67,766.
- The purchase was funded through common and preferred stock sales totaling $555.5M.
Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, acquired 6,556 more bitcoins between April 14 and April 20, spending $555.8 million, according to a regulatory filing published Monday.
The company paid an average of $84,785 per bitcoin during this latest round of buying.
Funding details
The acquisition was funded entirely through the sale of 1.76 million shares of common stock and 91,213 shares of its Series A perpetual strike preferred stock (NASDAQ: STRK).
The combined offerings raised $555.5 million — $547.7 million from common stock and $7.8 million from preferred shares.
Total holdings
With this latest purchase, Strategy’s total Bitcoin holdings have grown to 538,200 BTC.
The company has spent $36.47 billion on Bitcoin to date, with an average acquisition price of $67,766 per coin.
Market impact
Led by Michael Saylor, Strategy remains the largest corporate holder of Bitcoin globally.
The firm’s consistent accumulation strategy has transformed it into a major institutional force in the Bitcoin market.
Shares of Strategy rose 2.77% in pre-market trading Monday as Bitcoin’s price hit $87,300.
SEC filing
the company confirmed in a Form 8-K filing with the SEC:
As of April 20, 2025, we hold 538,200 bitcoins acquired for approximately $36.5 billion.
Future plans
Strategy continues to use flexible at-the-market stock programs to fund additional Bitcoin purchases and maintains a public dashboard to track its holdings.
