- Strategy spends $555.8M to acquire 6,556 BTC, boosting holdings to 538,200.
- Bitcoin’s price surge pushes Strategy’s holdings to a $10B paper profit.
- Strategy’s Bitcoin stash now valued at $46.8B, fueled by stock sales.
Strategy acquired 6,556 Bitcoin for $555.8 million funds between April 14 to April 20. The purchase increased its Bitcoin stock to 538,200 BTC which the company acquired at an average cost of $67,766 per BTC. The acquisition makes Strategy the largest corporate owner of Bitcoin.
The proceeds from the two at-the-market stock offerings funded the acquisition. The company sold 1.76 million Class A common stock shares and more than 91,000 Series A preferred stock shares. The company raised $547.7 million and $7.8 million respectively to fund the Bitcoin purchase.
Strategy’s Bitcoin Portfolio
Strategy, which is led by Michael Saylor, currently holds a total of 538,200 Bitcoin. The company has spent $36.47 billion in their Bitcoin acquisitions. The company’s Bitcoin stash is worth about $46.8 billion at the current Bitcoin price of $87,000, which reflects a $10 billion paper profit.
The firm acquired 6,556 BTC which amounts to 1.2% of its total Bitcoin holdings. The purchase follows a hiatus in Bitcoin purchases in early April. Strategy halted Bitcoin acquisition between March 31 and April 6, before it resumed its purchases .
Strategy’s latest Bitcoin purchase follows its acquisition of 3,459 BTC earlier in April. The company continues to buy Bitcoin consistently, with a total of 91,800 BTC purchased in 2025. The 2025 purchase makes up 17% of the company’s total Bitcoin portfolio which demonstrates its dedication to diversify its digital asset portfolio.
Bitcoin Acquisition Strategy, Flips Losses to Profits
Michael Saylor steers the company’s Bitcoin-focused investments despite market fluctuations. The company’s Bitcoin acquisitions strengthen its position in the digital asset market.
The company continues to raise capital through stock sales to finance its crypto-acquisitions. The two ATM stock offering programs launched in October 2024 and March 2025 have a combined potential of $42 billion. As of April 20, $22.5 billion was available for issuance across both stock programs.
This Bitcoin acquisition follows an increase in Bitcoin’s price which presents opportunities for the Strategy to grow its investments. The rise in Bitcoin’s price has turned the company’s reported $5.91 billion unrealized losses in first-quarter of 2025 into paper profits.
MSTR shares have increased by 2.77% in pre-market trading as Bitcoin maintains its upward momentum.