#SaylorBTCPurchase
Strategy Acquires 6,556 BTC for $555.8M
Michael Saylor’s firm, Strategy (formerly MicroStrategy), has expanded its Bitcoin holdings by purchasing an additional 6,556 BTC between April 14 and 20, 2025. This acquisition, valued at approximately $555.8 million, was made at an average price of $84,785 per coin.
This latest purchase brings Strategy's total Bitcoin holdings to 538,200 BTC, acquired at an average price of $67,766 per coin. The company's aggressive accumulation strategy underscores its commitment to Bitcoin as a primary treasury asset.
As of April 23, 2025, Bitcoin is trading at approximately $91,405, reflecting a 5.2% increase from the previous close.
Strategy's continued investment in Bitcoin positions it as the largest corporate holder of the cryptocurrency, signaling strong institutional confidence in Bitcoin's long-term value.
#Bitcoin #BTC #MicroStrategy #CryptoNews #InstitutionalInvestment