#AirdropFinderGuide Strategy acquires 15,355 Bitcoins for $1.42B as the price surpassed $90K
Michael Saylor's strategy increased its huge Bitcoin reserve last week as the cryptocurrency rose to over $90,000.
In an announcement on April 28, the strategy reported the acquisition of 15,355 Bitcoins (BTC) between April 21 and 27.
The latest purchases cost the strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company's aggregate BTC holdings by about 3%, totaling 535,555 BTC worth over $50 billion.
The strategy's last purchase is the largest since late March when the company acquired 22,048 Bitcoins for $1.92 billion at an average price of $86,969 per BTC.
The yield in Bitcoin for the strategy stands at 13.7%.
Announcing the purchase on X, the co-founder of the strategy, Saylor, stated that the company has achieved a yield in BTC of 13.7% so far.
"As of April 27, we have 553,555 BTC acquired for approximately $37.90 billion at $68,459 per Bitcoin," Saylor noted.
The yield in BTC for the strategy — an indicator that represents the percentage variation of the ratio between its BTC holdings and the diluted shares assumed — was 74% in 2024.
The company expects to achieve a target yield in BTC of 15% in 2025.
This is a developing story, and more information will be added as it becomes available.
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