Strategy Acquires 6,556 Bitcoin, Total Holdings Reach 555,450 BTC

Strategy (formerly Microstrategy) reported to the SEC a recent purchase of 6,556 Bitcoin (BTC) at an average price of $95,167 per coin from April 28 to May 4. This acquisition increases its total holdings to 555,450 BTC, valued around $38.08 billion, with an average purchase price of $68,550 per BTC.

Financing Details

  • Raised $128.5 million through common stock sales and $51.8 million from preferred share sales.
  • The latest transaction uses up the previous $21 billion ATM offering.

Co-founder Michael Saylor noted a year-to-date Bitcoin yield of 14.0% as of May 4, 2025. The company plans to double its capital raising capacity, introducing a new $21 billion ATM offering and expanding its debt program to $42 billion.

Institutional Demand

  • Strategy announced the “42/42 Plan” to raise $84 billion over two years for future BTC acquisitions.
  • Investor sentiment remains optimistic despite ongoing losses.
  • Strategy holds nearly 3% of Bitcoin's maximum supply, valued at over $52 billion at current prices.
  • Strong institutional demand for BTC is indicated by inflows into BlackRock’s iShares Bitcoin Trust ETF.

Despite these developments, Strategy’s shares dropped 2.7% in pre-market trading. Bitcoin is currently priced at $94,596, reflecting a 0.2% decrease in the last 24 hours but a 13% increase over the month.

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