#SaylorBTCPurchase
MicroStrategy (led by Michael Saylor) has significantly expanded its Bitcoin portfolio in recent weeks. From April 14 to April 20, 2025, the company purchased 6,556 Bitcoins for $555.8 million, at an average price of about $84,785 per Bitcoin.
This purchase raised the company's total Bitcoin holdings to 538,200 Bitcoins, with an average purchase price of $66,384.56 per Bitcoin.
To finance these operations, the company employed strategies such as issuing convertible bonds and preferred stock offerings. This approach has led to a significant increase in the company's stock price, which has risen by more than 2,500% since the company began accumulating Bitcoin.
Bitcoin is now trading at about $87,300, as of April 22, 2025.
