Strategy Buys 6556 Bitcoin for $555M, Raising Total Holdings to 538,200 BTC

Highlights:

• The Bitcoin holdings of Strategy have reached 538,200 BTC, valued at $47 billion, after purchasing 6,556 BTC for $555 million.
• Over 13,000 institutions now have direct exposure to Bitcoin assets of the company following recent acquisitions.
• MSTR stock has risen by 3% as Bitcoin rallies following the recent market recovery.

Strategy confirmed that it purchased 6,556 Bitcoin between April 14 and April 20, spending $555 million at an average price of $84,785. This acquisition followed a previous purchase of 3,459 Bitcoin for nearly $286 million just a week earlier. The company now holds a total of 538,200 Bitcoin, accounting for more than 2.5% of the circulating Bitcoin supply. At current market prices, the value of these holdings stands close to $47 billion.

$MSTR has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, @Strategy holds 538,200 $BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin. https://t.co/YxUq6mHzca

— Michael Saylor (@saylor) April 21, 2025

The company funded the latest purchase using proceeds from its common ATM equity offering and its Series A perpetual convertible preferred stock offering. According to a Monday filing, the firm sold 1.7 million MSTR shares and more than 91,200 STRK shares, raising over $555 million.

Strategy also stated that it still holds more than $1.5 billion in MSTR shares and nearly $21 billion in STRK shares available for future issuance. These reserves provide additional funding options for upcoming Bitcoin acquisitions. The company remains committed to its long-term goal of holding $42 billion in Bitcoin by the end of 2027, regardless of market trends.

Institutional Exposure Grows as Strategy Signals Long-Term Plans

Michael Saylor posted an update about the company’s portfolio tracker on Sunday. In previous cases, such posts have often preceded a new acquisition announcement. The confirmation came shortly after, aligning with that pattern once again.

Insufficient Orange. pic.twitter.com/Gz36jJELBs

— Michael Saylor (@saylor) April 20, 2025

Strategy continues to attract interest from institutional investors. The company revealed that more than 13,000 institutions now hold direct exposure to its stock. Its inclusion in the Nasdaq 100 has drawn both retail and institutional attention. The inclusion has resulted in increased capital inflows through stock sales and other offerings.

Based on public data as of Q1 2025, over 13,000 institutions and 814,000 retail accounts hold $MSTR directly. An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.

— Michael Saylor (@saylor) April 20, 2025

As of today, Strategy has invested $36.47 billion in Bitcoin at an average price of $67,766 per coin. The company has also achieved a Bitcoin yield of 12.1% year-to-date. Strategy maintains that it will keep acquiring Bitcoin through various funding methods and will not adjust its approach based on short-term price movements.

Market Reacts as Other Firms Join the Accumulation Trend

MSTR stock rebounded by 2.03% following the announcement. The price rose from $317 to about $323 in pre-market trading. This movement also followed Bitcoin’s rally to over $87,500 today. Since Strategy’s Bitcoin holdings are significant, MSTR continues to move in line with the price of Bitcoin.

At press time, Bitcoin is trading at $86,815, a 3.01% increase in the past day. The trading volume has also increased by 78.48% to $27.25 billion. In addition, the market cap stands at $1.02 trillion. The $78,000 price mark is a crucial resistance zone that the coin must overcome to rally past the $90,000 mark.

Other firms have followed a similar approach. Metaplanet acquired 330 Bitcoin for $28.2 million at an average price of $85,605. The firm now holds 4,855 Bitcoin worth about $414.5 million. It has recorded a year-to-date yield of 119.3%. Most of the funding for these purchases came from capital market activities and operating income. In addition, Japanese retailer ANAP purchased $70 million worth of Bitcoin.