#SaylorBTCPurchase
Michael Saylor's company, Strategy (formerly MicroStrategy), has made a significant Bitcoin acquisition, reinforcing its position as the largest corporate holder of Bitcoin.
🛒 Latest Bitcoin Acquisition
- *Purchase Details*: Between April 14 and 20, Strategy acquired *6,556 BTC* for approximately *555.8 million*, at an average price of *84,785* per Bitcoin.
- *Total Holdings*: This purchase brings Strategy's total Bitcoin holdings to *538,200 BTC*, acquired at an average price of *67,766* per coin, amounting to a total investment of *36.47 billion*.
- *Funding Source*: The acquisition was financed through the sale of *1.76 million shares* of common stock and over *91,000 shares* of preferred stock, raising approximately *555 million*.
📈 Market Impact
- *Bitcoin Price Movement*: Following the announcement, Bitcoin's price rose to *87,300*, reflecting a positive market response.
- *Strategy's Stock Performance*: Shares of Strategy (MSTR) experienced a *2.77%* increase in pre-market trading, indicating investor confidence in the company's Bitcoin strategy.
- *Bitcoin Yield*: Strategy reports a *12.1%* yield on its Bitcoin holdings for 2025, showcasing strong performance amid market volatility.
🏦 Institutional Exposure
- *Investor Base*: Over *13,000 institutions* now have direct exposure to Strategy, with an estimated *55 million beneficiaries* indirectly exposed through ETFs, mutual funds, pensions, and insurance portfolios.
Strategy's continued investment in Bitcoin underscores its commitment to the cryptocurrency as a core asset in its treasury strategy. The company's actions are closely watched by both retail and institutional investors, given their potential influence on Bitcoin's market dynamics.$BTC