In a bold play cementing its dominance in the cryptocurrency space, Strategy (formerly MicroStrategy) has added another 15,355 Bitcoin to its reserves, a $1.42 billion acquisition that shows its unwavering commitment to digital assets.
With Bitcoin hovering near $95,000, the company’s total holdings now exceed $52 billion, positioning it as the largest corporate BTC holder globally. The move has ignited fresh enthusiasm across markets, signalling confidence in Bitcoin’s long-term value.
Aggressive Expansion Continues…
Strategy purchased the Bitcoin between April 21 and 27 at an average price of $92,737 per coin, according to an April 28 SEC filing. This marks its third major acquisition in 2025, following a $1.92 billion buy in March and a $555.8 million purchase earlier in April.
Notably, the firm now holds 553,555 BTC, roughly 2.64% of Bitcoin’s total supply. Meanwhile, its average purchase price sits at $68,459 per coin, reflecting a strategic focus on dollar-cost averaging.
Funding the Bitcoin Bet
The company financed the latest splurge by selling 4.02 million shares of its Class A common stock and 435,069 preferred shares, raising $1.44 billion.
Since October 2024, Strategy has leveraged its at-the-market equity program to secure capital, with only $128.7 million remaining from its initial $21 billion authorisation. “Our ability to raise funds efficiently allows us to act swiftly,” said Michael Saylor, Strategy’s co-founder, emphasising the firm’s agile financial tactics.
A $52 Billion Powerhouse with Unrealized Gains
At Bitcoin’s current price, Strategy’s holdings surpass $52 billion, a staggering return on its $37.9 billion investment. Analysts estimate unrealised gains exceed $9 billion, showcasing the success of its “hold and accumulate” strategy.
Furthermore, the company’s market capitalisation nears $100 billion, with shares climbing 23% year-to-date. This growth mirrors Bitcoin’s 13.7% yield since January, highlighting the symbiotic rise of both assets.
Market Momentum Builds
Following the announcement, Bitcoin surged past $95,000, while Strategy’s stock rose 1.5% in pre-market trading. Institutional interest continues to swell, with firms like Tether and SoftBank exploring similar crypto ventures.
“This isn’t just a trend; it’s a paradigm shift,” remarked crypto analyst @TheBTCTherapist on X. Additionally, a $3.6 billion crypto fund inspired by Strategy’s model has drawn backing from Cantor Fitzgerald and Bitfinex.
Ripple Effects Across the Financial Landscape
Strategy’s aggressive moves are reshaping corporate investment playbooks. Competitors now scramble to mimic its blueprint, blending equity fundraising with crypto accumulation. Importantly, the firm plans to acquire at least 42,000 more BTC before seeking additional capital, potentially becoming the third-largest corporate holder. “We’re just getting started,” Saylor declared, hinting at future acquisitions.
What’s Next for Bitcoin and Strategy?
As Bitcoin’s price tests record highs, all eyes remain on Strategy’s next steps. The company’s relentless buying spree has solidified Bitcoin’s legitimacy as a treasury asset, pressuring traditional institutions to adapt.
For everyday investors, the message is clear: crypto is no longer just a speculative market but a cornerstone of modern finance. With Strategy leading the charge, the race to own Bitcoin has only just begun.
