MicroStrategy Buys 6,556 Bitcoin for $556 Million, Treasury Climbs to 538,200 BTC

MicroStrategy, which has begun operating under the shortened name “Strategy,” purchased an additional 6,556 Bitcoin between 14 and 20 April at an average price of $84,785, spending about $555.8 million, according to founder and chairman Michael Saylor.

The latest acquisition raises the company’s treasury to 538,200 BTC, accumulated for roughly $36.47 billion at an average cost of $67,766 per coin. Strategy said the position has generated a 12.1% Bitcoin yield so far in 2025.

Regulatory filings indicate the purchase was financed largely through the sale of approximately 1.755 million Class A shares, which produced net proceeds of $547.7 million. MicroStrategy’s stock gained about 2% in pre‑market trading after the disclosure.

Public companies now hold close to 700,000 Bitcoin, with Strategy controlling about 77% of that total—roughly 2.7% of the cryptocurrency’s outstanding supply—entrenching the firm as the largest corporate holder of Bitcoin.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.