Michael Saylor’s Strategy bagged 6,556 BTC for $555.8M last week

Michael Saylor’s Strategy, 1 of the world’s largest publically listed firm Bitcoin holders, has added different large acquisition to its increasing portfolio arsenic the cryptocurrency trades adjacent $85,000.

Strategy acquired 6,556 Bitcoin for $555.8 cardinal successful the play from April 14–20, astatine an mean terms of $84,785 per coin, the steadfast announced successful its latest Form 8-K filing with the United States Securities and Exchange Commission.

The latest acquisition accounts for 1.2% of Strategy’s full Bitcoin holdings of 538,200 BTC arsenic of April 20, acquired for the aggregate magnitude of $36.5 cardinal astatine an mean terms of $67,766 per BTC.

An excerpt from Strategy’s Form 8-K filing. Source: Strategy

The latest Bitcoin acquisition was funded utilizing proceeds from the Common ATM and STRK ATM banal offerings, including the merchantability of 1,755,000 Strategy shares for $547.7 cardinal and 91,213 shares of Series A preferred banal sold for $7.8 million.

Strategy expands buying aft a pause

The latest acquisition follows Strategy’s 3,459 BTC acquisition reported connected April 14, which became the archetypal announced acquisition by the steadfast since March 31.

Prior to that, Strategy did not study a Bitcoin buy betwixt March 31 and April 6, breaking its accustomed cadence arsenic Bitcoin fell beneath $87,000.

Strategy has acquired 91,800 Bitcoin truthful acold successful 2025, accounting for 17% of its full BTC holdings.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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