Strategy, the largest corporate holder of Bitcoin, has added another 15,355 BTC to its growing reserves, according to a filing made on Monday. The purchase, executed between April 21 and April 27, cost the company approximately $1.4 billion at an average price of $92,737 per Bitcoin.
The acquisition was funded through proceeds from the company’s recent stock offerings. As detailed in the filing with the Securities and Exchange Commission (SEC), Strategy raised roughly $1.4 billion by selling around 4.02 million shares of its Class A common stock (MSTR) and an additional 435,069 shares of its 8.00% Series A preferred stock (STRK) during the same period.
With this latest move, Strategy now holds a total of 553,555 BTC, a stash valued at about $52.7 billion at current market prices. Bitcoin is currently trading at nearly $95,300, according to TradingView data, giving the company a significant boost in unrealized gains. The firm’s total Bitcoin investment, which was made at an average price of $68,459 per coin, has appreciated substantially, turning an initial $37.9 billion outlay into approximately $15 billion in paper profits.
This marks the third consecutive week that Strategy has expanded its Bitcoin holdings. Just a week earlier, the company disclosed the purchase of 6,556 BTC, reinforcing its aggressive accumulation strategy amid a rising market. The latest acquisition also followed a weekend post from Michael Saylor, who highlighted the company’s Bitcoin portfolio tracker, often viewed by the market as a hint that major buying activity was underway.
Shares of Strategy (MSTR) reflected the momentum, rising 1.6% in pre-market trading on Monday after a 5% gain last Friday, according to Yahoo Finance. The company’s deepening commitment to Bitcoin comes at a time when market sentiment around digital assets appears to be strengthening.
Editorial Note: This news article was originally published on Crypto India Magazine.
