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Cryptocurrency News Articles
MicroStrategy (MSTR) Acquires Another 15,355 Bitcoins for $1.42 Billion
Apr 28, 2025 at 09:50 pm
Strategy Incorporated MSTR announced it has acquired an additional 15355 Bitcoin BTC/USD for approximately $1.42 billion between April 21 and April 27 this year.
Strategy Incorporated MSTR announced the acquisition of an additional 15,355 Bitcoin BTC/USD for approximately $1.42 billion between April 21 and April 27 this year.
According to the company's latest filing with the U.S. Securities and Exchange Commission, the average price paid during the purchase period, including all associated fees and expenses, was $92,737 per Bitcoin.
As of April 27, Strategy now holds a total of 553,555 BTC, purchased for an aggregate cost of $37.90 billion at an average price of $68,459 per Bitcoin. The company also reported achieving a 13.7% yield on its Bitcoin holdings year-to-date in 2025.
The latest Bitcoin acquisition was funded through proceeds from MicroStrategy's ongoing at-the-market (ATM) equity offerings, including both its common stock and preferred stock sales.
The company's strategy to accumulate Bitcoin is no secret. In August 2022, Strategy disclosed buying 500 BTC every week for several months, a practice that appears to have continued to some degree.
Despite some criticism from analysts like Mike Novogratz, who expressed concern over the company's high debt load and suggested it could have bought more Bitcoin with the same capital if it had started earlier in 2023, Strategy remains the largest corporate holder of Bitcoin.
The company, known for its enterprise intelligence software, continues to convert a portion of its capital into Bitcoin, intending to expand its BTC treasury holdings.
The company's strategy dashboard, updated regularly on its website, tracks Bitcoin purchases, holdings, and financial metrics for investors and the broader public.
As of Wednesday's market close, MGR stock had risen by 1.38%, reaching $404.87 a share. In comparison, the Nasdaq 100 Index component had gained over 681% in the past year.
With its inclusion in the Nasdaq 100 index, Strategy has attracted interest from institutional investors, although the company faces risks from Bitcoin's volatility and a $7.274 billion debt load, which could impact liquidity if prices decline sharply.
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