Strategy Increases Bitcoin Holdings to Over $50 Billion After Latest Acquisition.
Michael Saylor’s company, Strategy, has expanded its Bitcoin holdings significantly, now valuing them at over $50 billion following a recent purchase spree.
In an announcement on April 28, Strategy revealed it had bought 15,355 Bitcoin between April 21 and April 27, at an average price of $92,737 per BTC. The acquisition, costing around $1.42 billion, boosted the firm’s total Bitcoin holdings by about 3%, bringing it to 553,555 BTC.
This latest buy marks Strategy’s largest since late March, when it acquired 22,048 Bitcoin for $1.92 billion at an average of $86,969 per BTC.
Bitcoin Yield and Future Targets: Sharing the update on X (formerly Twitter), Strategy co-founder Michael Saylor noted that as of April 27, the firm held 553,555 BTC purchased for approximately $37.90 billion, with an average acquisition price of $68,459 per Bitcoin. Saylor highlighted that the company’s Bitcoin yield year-to-date stands at 13.7%, aiming to hit 15% by 2025. In 2024 alone, their BTC yield rose 74%.
Market Context and Saylor’s Continued Optimism: The company’s aggressive Bitcoin accumulation came during a bullish week for the cryptocurrency, which climbed from around $87,000 to nearly $94,000 between April 21 and 27, according to CoinGecko data. As of the latest update, Bitcoin is trading at around $95,442 — up slightly from the start of the year but still below the all-time high of over $109,000 reached in January.
Throughout the rally, Saylor continued to post bullish commentary on social media, encouraging followers with messages like “You can still buy BTC for less than $0.1 million” and “Stay humble. Stack sats,” accompanied by portfolio snapshots showing Strategy’s growing Bitcoin position.
Strategy’s Growing Market InfluenceL: As Strategy bolsters its Bitcoin reserves, it edges closer to a $100 billion market cap. The company’s stock, MSTR, has surged about 23% year-to-date and was trading at $368.7 at the time of writing, according to TradingView.
