Michael Saylor's Strategy Increases Total Bitcoin Holdings to 538,200 BTC
Strategy CEO Michael Saylor announced that the company has increased its total Bitcoin holdings to 538,200 BTC after adding 6,556 BTC at a cost of $555.8 million. This purchase was funded through two at-the-market stock offerings, with the sale of 1.76 million shares of Class A common stock generating $547.7 million, and over 91,000 preferred shares adding another $7.8 million. The average buying price for the Bitcoin acquired is approximately $67,766 per coin. Strategy has now invested a total of $36.47 billion in Bitcoin, solidifying its status as the largest corporate Bitcoin holder. In the wake of this acquisition, shares of Strategy (MSTR) saw a 2.77% increase in pre-market trading. The news was released on April 21, 2025, underscoring Strategy's strong ongoing commitment to Bitcoin investments.
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