Strategy Acquires Another $180 Million Bitcoin As Total Treasury Stash Reaches 555,450 BTC
Strategy, formerly known as MicroStrategy, acquired additional Bitcoin worth $180 million last week, marking the fourth consecutive week of purchases by the Bitcoin development company.
Bitcoin investors continue to closely monitor the company, which has been a key driver of direct institutional exposure to BTC by popularizing the Bitcoin corporate treasury concept and indirectly through institutions holding Strategy’s stock in their investment portfolios.
Strategy Boosts Holdings Above $52B With Latest Buy
Michael Saylor’s Strategy has made yet another massive Bitcoin purchase.
The company added another 1,895 BTC to its balance sheet for about $180 million between April 28 and May 4, according to a regulatory filing with the Securities and Exchange Commission on Monday.
Strategy’s Bitcoin holdings have now risen to 555,450 BTC, worth roughly $52 billion at the asset’s current price just north of $94,000. For perspective, the Tysons, Virginia-based Bitcoin treasury holds roughly 2.6% of the total Bitcoin supply. The average purchase price for Strategy’s total stack is $68,550 each.
Strategy’s recent purchase was funded by its ongoing stock sale programs. Last week, Strategy sold 353,825 shares of its common stock (MSTR) and 575,392 shares of its so-called perpetual “STRK” preferred stock, generating net proceeds of roughly $180.3 million.
The MSTR common stock sale program — unveiled in October 2024 under Strategy’s ambitious “21/21 Plan” — targeted $21 billion in equity capital for Bitcoin acquisitions and is now depleted. Saylor recently announced that the company has doubled its capital plan to $42 billion in equity and $42 billion in fixed income to acquire more Bitcoin.
The latest Bitcoin buy comes on the heels of Strategy posting a $4.2 billion net loss for Q1 2025, primarily due to a $5.9 billion unrealized markdown on its BTC cache under the new fair value accounting rules.
New Kid On The Corporate Bitcoin Block
Although Strategy pioneered the playbook for buying Bitcoin among publicly listed companies, the firm is set to face new competition, with Twenty One Capital recently making its Wall Street-debut.
With stablecoin giant Tether, Bitfinex, and traditional finance behemoths Cantor Fitzgerald and SoftBank participating in the initiative, the company plans to own at least 42,000 Bitcoin before it begins raising funds, which would make it the third-largest corporate Bitcoin holder.
Companies like Semler Scientific and Metaplanet have also adopted the world’s oldest and largest crypto as part of their treasury strategy.
Read More
Strategy Inches Closer to Blackrock’s BTC Stash With Latest $180M Acquisition
Saylor’s Strategy Makes Another Bitcoin Acquisition, Bringing Total to 555,450 BTC
Strategy Acquires Another $180 Million Bitcoin As Total Treasury Stash Reaches 555,450 BTC
Strategy, formerly known as MicroStrategy, acquired additional Bitcoin worth $180 million last week, marking the fourth consecutive week of purchases by the Bitcoin development company.
Bitcoin investors continue to closely monitor the company, which has been a key driver of direct institutional exposure to BTC by popularizing the Bitcoin corporate treasury concept and indirectly through institutions holding Strategy’s stock in their investment portfolios.
Strategy Boosts Holdings Above $52B With Latest Buy
Michael Saylor’s Strategy has made yet another massive Bitcoin purchase.
The company added another 1,895 BTC to its balance sheet for about $180 million between April 28 and May 4, according to a regulatory filing with the Securities and Exchange Commission on Monday.
Strategy’s Bitcoin holdings have now risen to 555,450 BTC, worth roughly $52 billion at the asset’s current price just north of $94,000. For perspective, the Tysons, Virginia-based Bitcoin treasury holds roughly 2.6% of the total Bitcoin supply. The average purchase price for Strategy’s total stack is $68,550 each.
Strategy’s recent purchase was funded by its ongoing stock sale programs. Last week, Strategy sold 353,825 shares of its common stock (MSTR) and 575,392 shares of its so-called perpetual “STRK” preferred stock, generating net proceeds of roughly $180.3 million.
The MSTR common stock sale program — unveiled in October 2024 under Strategy’s ambitious “21/21 Plan” — targeted $21 billion in equity capital for Bitcoin acquisitions and is now depleted. Saylor recently announced that the company has doubled its capital plan to $42 billion in equity and $42 billion in fixed income to acquire more Bitcoin.
The latest Bitcoin buy comes on the heels of Strategy posting a $4.2 billion net loss for Q1 2025, primarily due to a $5.9 billion unrealized markdown on its BTC cache under the new fair value accounting rules.
New Kid On The Corporate Bitcoin Block
Although Strategy pioneered the playbook for buying Bitcoin among publicly listed companies, the firm is set to face new competition, with Twenty One Capital recently making its Wall Street-debut.
With stablecoin giant Tether, Bitfinex, and traditional finance behemoths Cantor Fitzgerald and SoftBank participating in the initiative, the company plans to own at least 42,000 Bitcoin before it begins raising funds, which would make it the third-largest corporate Bitcoin holder.
Companies like Semler Scientific and Metaplanet have also adopted the world’s oldest and largest crypto as part of their treasury strategy.
Read More
Strategy Inches Closer to Blackrock’s BTC Stash With Latest $180M Acquisition