Estimated reading time: 2 mins
TL;DR:
MicroStrategy just bought 6,556 more $BTC for $555 million, bringing their total to 538,200 BTC.
They now hold over $46 billion worth of Bitcoin.
This shows continued confidence in BTC’s long-term future.
THE SCOOP:
Who Bought More BTC?
#MicroStrategy — a U.S. company led by Michael Saylor, known for going big on Bitcoin.
Between April 14–20, they bought 6,556 BTC at an average price of $84,785 per coin.
How Much Do They Hold Now?
538,200 BTC in total
Total cost: $36.47 billion
Average price: $67,766 per BTC
Current value: Over $46 billion
They’re sitting on over $10 billion in unrealized profit!
Where’s the Money Coming From?
They raised money by selling their own company shares (stock) — not by taking loans.
This includes shares from both their main company (MSTR) and another one (STRK), with more room to raise funds later if needed.
Why It Matters for Bitcoin (and You)
When big players buy more BTC, it often signals strong belief in Bitcoin’s long-term value.
It reduces available supply on the market (scarcity = potential price pressure).
It can also boost market confidence, especially for newcomers or hesitant investors.
CONCLUSION:
MicroStrategy’s latest $555M BTC buy adds more weight to their bullish stance on Bitcoin.
With over half a million BTC now under their belt, they continue to show serious long-term commitment.
For new investors, it’s a reminder that institutional interest in Bitcoin is still growing — but always #DYOR!! (Do Your Own Research) before investing!