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Strategy Continues to Increase BTC Holdings with $1.42B Acquisition

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by Giorgi Kostiuk

5 hours ago


Company Strategy, led by Michael Saylor, continues to aggressively expand its Bitcoin assets. The latest SEC filing reports the acquisition of 15,355 BTC for $1.42 billion.

New BTC Purchase and Its Significance

Strategy (MSTR) purchased an additional 15,255 BTC as part of its ongoing trend of weekly acquisitions. In April, the company added a total of 25,370 BTC to its holdings. The recent purchase coincided with BTC stabilizing above $94,000.

Financial Aspects and Strategy of the Company

The average purchase price was $92,737 per BTC, which is higher than previous purchases. The funding for this BTC batch came from the sale of MSTR and STRK shares, totaling $1.44 billion. Strategy now holds approximately 2.6% of the total BTC supply, with only around $128 million left for future purchases.

Market and Active BTC Buyers

Following the announcement of the latest acquisition, BTC price surged again, reaching $95,258. Market interest in BTC is growing, with MSTR shares rising and traders showing increased risk-taking behavior. In recent weeks, Strategy and other large players have been actively removing BTC from the market.

By continuing its active BTC purchases, Strategy maintains its position as a leading player in the cryptocurrency market. Its actions significantly impact BTC prices and attract investor attention.

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