The Billion-Dollar Bitcoin Bet Continues
Michael Saylor is at it again. Between April 14 and 20, 2025, his company, Strategy (formerly MicroStrategy), acquired an additional 6,556 BTC for approximately $555.8 million, averaging $84,785 per coin. 
This purchase elevates Strategy’s total Bitcoin holdings to 538,200 BTC, acquired at an average price of $67,766, totaling around $36.47 billion. The acquisition was funded through the sale of 1.76 million shares of common stock and over 91,000 shares of preferred stock, raising $555 million. 
Despite these significant investments, research from TD Cowen indicates that Strategy’s Bitcoin purchases have minimal impact on BTC’s price, accounting for just 3.3% of weekly trading volume on average.
