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Cryptocurrency News Articles

Bitcoin Strategic Treasury Reserve Reaches 553,555 BTC

May 02, 2025 at 03:47 pm

In a recent tweet, Wu Blockchain, a U.S.-based investment firm known for acquiring a large amount of Bitcoin, has posted the first-quarter results of 2025.

Bitcoin Strategic Treasury Reserve Reaches 553,555 BTC

An American investment firm known for accumulating a large amount of Bitcoin has disclosed its first-quarter results of 2025.

According to a recent tweet by Wu Blockchain, the Strategic Treasury Reserve has reached 553,555 BTC as of April 28. The average cost of buying a single Bitcoin in the Strategic Reserve is accounted for at US $68,459, while the total cost stands at US $37.9 billion.

At the current market price, the estimated value of the Strategic Bitcoin holding is US $52 billion. Despite the massive Bitcoin holding, the company has posted a US $4.2 billion loss in Q1. Nevertheless, Strategy has increased its 2025 yield target from 10% to 25%.

This has also increased the Bitcoin dollar gain target from US $10 billion to US $15 billion. Surprisingly, the company moves forward to acquire more Bitcoin with the public offering.

Strategy has announced a US $21 billion at-the-market equity offering and has released ordinary bonds to purchase Bitcoin. In a recent tweet, Metplanet has announced the issuance of JPY 3.6 billion in 0% ordinary bonds.

As of April 23, MetaPlanet Inc.'s BTC holdings were 5,000 BTC, with a market value of more than US $483 million.

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Other articles published on May 03, 2025