Strategy (formerly known as MicroStrategy) Expands Bitcoin Portfolio by Acquiring 1,895 BTC

MicroStrategy has expanded its Bitcoin portfolio with the acquisition of 1,895 BTC. The purchase, which took place between April 28 and May 4, was disclosed in an SEC filing on Friday.

According to the filing, the company acquired the Bitcoins for a total of $180.3 million. This translates to an average purchase price of $95,167 per Bitcoin.

The funds used for the latest Bitcoin purchase were generated through the sale of company stock. MicroStrategy sold common shares for $128.5 million and STRK preferred shares for an additional $51.8 million.

These transactions were part of the company’s ongoing at-the-market (ATM) stock offering plan, which has now been fully utilized. MicroStrategy introduced a new $21 billion ATM offering shortly after completing the previous one.

The company continues to rely heavily on equity financing to support its signature Bitcoin buying spree.

As part of its broader strategy, MicroStrategy aims to expand its Bitcoin reserves to reach 84,000 BTC by 2. A mix of stock and bond offerings will be used to achieve this goal by 2027.

Bitcoin Holdings Reach 555,450 BTC

Following the latest purchase, MicroStrategy’s total Bitcoin holdings have risen to 555,450 BTC. The company has invested an aggregate of $38.08 billion in Bitcoin.

Based on the average purchase cost, this reflects a per-Bitcoin price of $68,550. At present, Strategy’s entire Bitcoin holdings are valued at over $52 billion.

This figure marks a significant unrealized gain of approximately $14 billion, representing a 14% return on investment for 2025. The company aims to achieve a 25% return and a $15 billion gain from its Bitcoin exposure this year.

In February, Strategy made a larger Bitcoin purchase of 15,355 BTC for $1.42 billion.

The company has maintained a consistent pace of acquisition throughout the year, frequently adding to its position weekly. These strategic buys underscore its long-term commitment to Bitcoin as a treasury asset.

Technical Price Movement and Market Outlook

The 24-hour Bitcoin price decreased by 1.18%, falling from a high of around $95.51K to $94,207.97.

Trading volume surged more than 62% despite the slight price dip, indicating strong market activity and sustained investor engagement.

The RSI stands at 59.84, indicating moderate strength without being overbought, while the MACD line remains above the signal line with a positive histogram, indicating bullish momentum.

Volume has slightly reduced, suggesting a brief consolidation period might follow before another leg upward. Overall, the technical indicators support a bullish outlook with a cautious eye on the $92,711 support level.

MicroStrategy’s Bitcoin dashboard on its official website provides real-time updates on its holdings, offering transparency into the size and value of its portfolio.

Executive Chairman Michael Saylor continues to be a vocal advocate for Bitcoin and its role in the company’s financial strategy. Despite a 3% drop in Strategy’s stock price to $380.06, the company remains focused on its long-term strategy of accumulating Bitcoin.