Michael Saylor's Strategy raised 6,556 Bitcoins for $555.8 million last week.
Michael Saylor's Strategy acquired 6,556 Bitcoins for $555.8 million, raising the total assets to 538,200 BTC, according to the company's latest filing with the SEC.
Michael Saylor's Strategy raised 6,556 Bitcoins for $555.8 million last week.
Michael Saylor's Strategy, one of the largest publicly listed corporate Bitcoin holders in the world, added another major purchase to its growing portfolio, with the cryptocurrency trading near $85,000.
The Strategy acquired 6,556 Bitcoins for $555.8 million between April 14 and 20, at an average price of $84,785 per coin, the company announced in its latest Form 8-K filed with the U.S. Securities and Exchange Commission.
The last purchase represents 1.2% of the total Bitcoin invested by Strategy, amounting to 538,200 BTC on April 20, acquired for a total value of $36.5 billion at an average price of $67,766 per BTC.
An excerpt from the Form 8-K filed by Strategy. Source: Strategy
The last Bitcoin purchase was funded using proceeds from Common ATM and STRK ATM stock offerings, including the sale of 1,755,000 shares of Strategy for $547.7 million and 91,213 Series A preferred shares sold for $7.8 million.
Strategy expands purchases after pause
The last purchase comes after the acquisition of 3,459 BTC by Strategy reported on April 14, which was the first purchase announced by the company after March 31.
Prior to this, Strategy had not reported any Bitcoin purchases between March 31 and April 6, breaking its usual cadence, with Bitcoin dropping below $87,000.
Strategy has acquired 91,800 Bitcoins so far in 2025, representing 17% of its total assets in BTC.
Growing institutional exposure
The new announcement came shortly after Saylor highlighted the growing institutional exposure to Strategy, with at least 13 institutional investors holding MSTR shares directly.
Citing public data from the first quarter of 2025, Saylor also mentioned that 814,000 retail accounts have direct exposure to MSTR, with another 55 million beneficiaries having indirect exposure through mutual funds, pensions, insurance portfolios, and exchange-traded funds.
And as always, the water continues to flow towards the sea!!! #Rich keep getting richer!!!