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HomeBit CoinStrategy Buys Another 6,556 Bitcoin For $555.8 Million

Strategy Buys Another 6,556 Bitcoin For $555.8 Million

In a significant move that reinforces its position as one of the world’s largest corporate Bitcoin holders, Michael Saylor’s Strategy has announced another substantial Bitcoin acquisition. According to the company’s latest SEC filing, Strategy purchased 6,556 Bitcoin for $555.8 million between April 14 and April 20, 2025, at an average price of $84,785 per coin.

Growing Bitcoin Treasury

This latest purchase brings Strategy’s total Bitcoin holdings to an impressive 538,200 BTC as of April 20, 2025. The company has invested an aggregate amount of $36.5 billion in Bitcoin, with an average purchase price of $67,766 per BTC. The recent acquisition represents approximately 1.2% of Strategy’s total Bitcoin portfolio.

Strategy (formerly known as MicroStrategy) has been particularly active in 2025, acquiring 91,800 Bitcoin so far this year—accounting for 17% of its total holdings. The company’s Bitcoin yield for 2025 stands at 12.1%, demonstrating strong performance on its cryptocurrency investments despite market volatility.

Funding the Purchase

According to the company’s Form 8-K filing with the U.S. Securities and Exchange Commission, Strategy funded this latest Bitcoin acquisition through proceeds from its Common ATM and STRK ATM stock offerings. This included:

  • Sale of 1,755,000 Strategy shares, generating $547.7 million
  • Sale of 91,213 shares of Series A preferred stock, raising $7.8 million

Also Read: “The Best You Will Ever Hear”: Michael Saylor’s Masterclass on Bitcoin’s Supremacy

Resumption After Brief Pause

The latest purchase follows Strategy’s earlier acquisition of 3,459 BTC reported on April 14, which was purchased at an average price of $82,618 per coin for a total of $285.8 million. Before this, the company had temporarily paused its Bitcoin purchases between March 31 and April 6, breaking its usual acquisition cadence as Bitcoin traded below $87,000.

Impact on Strategy’s Stock Performance

Strategy’s aggressive Bitcoin acquisition strategy appears to be paying dividends for its shareholders. The company’s stock (MSTR) has surged by over 133% in the past year, outperforming major tech companies and cryptocurrencies including:

  • Tesla: 57% increase
  • Bitcoin: 33% increase
  • Nvidia: 30% increase
  • Apple: 17% increase

In the week of the announcement alone, MSTR stock jumped 13%, including a 3% gain in a single day, pushing the share price to approximately $317.

Investor Base Expansion

According to information shared by Michael Saylor, Strategy’s investor base has significantly expanded. As of Q1 2025, over 13,000 institutions and 814,000 retail investors directly hold MSTR shares. Additionally, approximately 55 million individuals have indirect exposure to Strategy through ETFs, mutual funds, pension funds, and insurance portfolios.

Market Context

Strategy’s latest Bitcoin purchase comes as the broader cryptocurrency market shows signs of recovery. The global crypto market capitalization has rebounded to $2.75 trillion, with Bitcoin reaching a three-week high of $87,500. Other cryptocurrencies have also seen gains, with Ethereum rising 3.4% to trade near $1,633, while altcoins like XRP, Solana, Cardano, and Dogecoin posted modest increases.

The positive market sentiment has been further bolstered by improving global economic conditions, including potential progress in U.S.-China trade relations.

Strategy’s Long-Term Vision

Strategy’s continued accumulation of Bitcoin, even during market fluctuations, underscores the company’s unwavering belief in the long-term value proposition of the leading cryptocurrency. Under Michael Saylor’s leadership, Strategy has transformed from a business intelligence firm into a Bitcoin-focused company that provides investors with exposure to the cryptocurrency through traditional equity markets.

As Bitcoin continues to trade near the $85,000 mark, Strategy’s latest purchase demonstrates its commitment to its Bitcoin-centric treasury strategy, positioning the company as a major institutional player in the cryptocurrency ecosystem.

Want real-time updates on Bitcoin, Ethereum, and blockchain trends? Crypto News Today delivers breaking crypto news, expert insights, and price movements to keep you informed.

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