Catenaa, Tuesday, April 22, 2025-Strategy, led by executive chairman Michael Saylor, has added 6,556 bitcoin to its balance sheet, increasing its total holdings to 538,200 BTC, the company disclosed Monday in a regulatory filing.
The acquisition, totaling $555.8 million, was funded through proceeds from MicroStrategy’s at-the-market stock offering programs. Between April 14 and April 20, the company sold 1.76 million shares of Class A common stock and over 91,000 preferred stock shares, generating $547.7 million and $7.8 million, respectively.
The newly acquired bitcoin was purchased at an average price of $67,766 per coin, reinforcing MicroStrategy’s position as the largest corporate holder of the cryptocurrency. The firm has now spent $36.47 billion on bitcoin to date.
MicroStrategy’s aggressive bitcoin strategy, led by Saylor, continues to tie the company’s valuation closely to the cryptocurrency’s performance. Following the announcement, shares of MSTR rose 2.77% in pre-market trading, mirroring bitcoin’s rise to $87,300.
Saylor, a prominent bitcoin advocate, has repeatedly stated that the digital asset represents a superior store of value. The company’s ongoing purchases demonstrate sustained confidence in bitcoin as a treasury reserve asset, even amid regulatory scrutiny and market volatility.
MicroStrategy’s continued BTC accumulation reflects a broader institutional trend, as companies seek decentralized alternatives to traditional financial assets.
