Strategy Expands Bitcoin Portfolio: Over 15,000 BTC Purchased for $1.4 Billion
Date: 2025-04-29 Author: Oliver Abernathy Categories: BUSINESS
From April 21 to 27, Strategy, formerly known as MicroStrategy, increased its cryptocurrency reserves by purchasing another 15,355 bitcoins for a total of $1.42 billion. The average purchase price was $92,737 per unit. This information is contained in the reporting documents submitted to the US Securities and Exchange Commission.
To date, Strategy owns an impressive amount of bitcoins - 553,555 BTC, which is about 2.6% of the total limited supply of 21 million coins. According to the company's executive chairman Michael Saylor, all these assets were purchased for $37.9 billion at an average price of $68,459. Their current value exceeds $52 billion.
Strategy received funds for its latest purchases from the placement of Class A common shares (MSTR), as well as perpetual preferred shares of STRK. Last week alone, the company sold 4,020,000 MSTR shares, which allowed it to raise about $1.4 billion. These funds were used to replenish the crypto portfolio.
Saylor also made it clear that the company is not going to stop there and another application for the purchase of bitcoins may be submitted in the future.
It is worth noting that a week earlier, from April 14 to 20, Strategy also replenished its reserves, buying 6,556 BTC for $555 million. The average price then was $84,785 per coin, which was significantly lower than the last purchase.
Thus, Strategy continues its aggressive strategy of investing in the first cryptocurrency, confidently securing its status as one of the largest institutional holders of bitcoin.
