TLDR
- Strategy acquired 15,355 bitcoin worth $1.42 billion at an average price of $92,737 per BTC
- The company now holds 553,555 BTC, roughly 2.6% of bitcoin’s total supply
- Purchases were funded through sales of MSTR and STRK stocks
- Strategy’s BTC holdings now worth over $52 billion, representing $14 billion in paper gains
- Corporate bitcoin accumulation is increasing with new entrants like Twenty One, Cantor Fitzgerald, SoftBank, Bitfinex and Tether
Strategy, formerly known as MicroStrategy, has purchased an additional 15,355 bitcoin for approximately $1.42 billion in cash at an average price of $92,737 per bitcoin. This acquisition occurred between April 21 and April 27, according to an 8-K filing with the Securities and Exchange Commission on Monday.
$MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 $BTC acquired for ~$37.90 billion at ~$68,459 per bitcoin. https://t.co/5OOs3UdWLg
— Michael Saylor (@saylor) April 28, 2025
The company now holds a total of 553,555 BTC worth over $52 billion. These holdings represent more than 2.6% of bitcoin’s maximum supply of 21 million coins.
Strategy’s bitcoin has been acquired at an average price of $68,459 per bitcoin for a total cost of around $37.9 billion, including fees and expenses. With bitcoin currently trading around $94,725, the company is sitting on approximately $14 billion in unrealized gains.
The latest acquisitions were funded using proceeds from the sale of Strategy’s class A common stock (MSTR) and its perpetual strike preferred stock (STRK). Last week, the company sold 4,020,000 MSTR shares for approximately $1.4 billion.
As of April 27, just $128.7 million worth of MSTR shares remain available for issuance and sale under the current program. Strategy also sold 435,069 STRK shares for approximately $37.5 million, with $20.92 billion worth of STRK shares still available for future issuance.
Corporate Bitcoin Adoption Accelerates
The corporate bitcoin accumulation race is heating up with several new entrants to the market. Cantor Fitzgerald, SoftBank, Bitfinex and Tether recently announced plans to launch a $3.6 billion bitcoin venture.
These companies join others like Semler Scientific, KULR and Metaplanet in adopting the bitcoin acquisition model pioneered by Strategy and its Executive Chairman Michael Saylor. A new “Bitcoin-native” public company called Twenty One is also entering the space.
With Strike’s Jack Mallers as CEO, Twenty One aims to launch with over 42,000 BTC. Analysts at K33 note that Twenty One is positioning itself as a more agile and capital-efficient vehicle for bitcoin exposure compared to Strategy.
Twenty One has highlighted a key structural difference in its filings with the SEC. As Strategy continues to grow its treasury, each new dollar of bitcoin purchased has a diminishing effect on its per-share bitcoin holdings.
Market Performance
Strategy’s bitcoin strategy appears to be paying off for investors. The company has reported a year-to-date Bitcoin yield of 13.7% as of April 27, 2025.
Strategy’s stock has outperformed major tech companies and the broader market over the past three months. While MSTR delivered a 6% return, companies like NVIDIA, Microsoft, and Google all experienced negative returns during the same period.
MSTR closed up 5.2% on Friday at $368.71, amid a rebound for both traditional and crypto markets. The stock is currently up 0.7% in pre-market trading on Monday and 22.9% year-to-date, with a market cap of $98.1 billion.
Michael Saylor has been vocal about his bitcoin conviction, predicting widespread adoption within the traditional financial system. He foresees banks offering lending services against Bitcoin holdings and even the U.S. government eventually holding Bitcoin as part of its reserves.
Prior to this latest acquisition, Strategy had purchased 6,556 BTC for approximately $555 million at an average price of $84,785 per bitcoin between April 14 and April 20. Saylor hinted at the likelihood of another bitcoin acquisition ahead of time, sharing an update on Strategy’s bitcoin purchase tracker on Sunday with the message: “Stay humble. Stack sats.”

Strategy’s perpetual preferred stocks STRK and STRF are part of the company’s expansion beyond its initial “21/21 plan,” which targets a total capital raise of $42 billion in equity offerings and fixed-income securities for bitcoin acquisitions.
The latest SEC filing confirms Strategy’s continued commitment to its bitcoin-focused treasury strategy as the company maintains its position as the largest corporate holder of the cryptocurrency.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support