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Strategy Acquires 6,556 Bitcoin as BTC Surges to Monthly High

Strategy, the largest corporate Bitcoin holder, has acquired 6,556 BTC worth $555.8 million after Bitcoin exceeded a monthly high of $87,400. The purchase is part of an ongoing investment strategy, funded through stock sales. This brings their total Bitcoin holdings to 538,200 BTC, amidst existing financial pressures and an $8 billion debt obligation.

The firm known as Strategy, the largest corporate Bitcoin holder globally, has acquired 6,556 Bitcoin (BTC) valued at approximately $555.8 million after BTC surpassed a monthly high of $87,400. This acquisition was detailed in a regulatory filing with the U.S. Securities and Exchange Commission on April 21, 2025, showcasing the company’s strategy under CEO Michael Saylor.

The purchase utilised proceeds from the company’s Common ATM and STRK ATM offerings. The Common ATM refers to the typical at-the-market equity offerings, while the STRK ATM is specifically the at-the-market preferred stock offering from Strategy. These mechanisms allow the company to raise capital through direct stock sales.

As a result of this recent acquisition, Strategy’s total Bitcoin holdings have now reached 538,200 BTC, with an aggregate purchase value of approximately $36.47 billion. This results in an average BTC cost of $67,766 per coin.

Following a surge, Bitcoin recently peaked at $87,638 on its most recent trading day, marking a notable increase from its previous monthly high. Prior to this rise, BTC had not surpassed $87,400 since March 28, before facing significant declines in early April.

As of the current moment, BTC is trading at $87,273, reflecting a rise of over 3.5%. Just a week before this bulk purchase, Strategy had acquired an additional 3,459 BTC for approximately $285.8 million while Bitcoin struggled to reclaim its earlier $100,000 peak.

In early April, Saylor’s firm stated it might contemplate liquidating some Bitcoin to address its financial obligations, should financing options through equity or debt become unavailable. Currently, Strategy faces an estimated $8 billion in debt, coupled with $35 million in annual interest obligations and $150 million in yearly dividends.

Amina Khan is a skilled journalist and editor known for her engaging narratives and robust reporting on health and education. Growing up in Karachi, she studied at the Lahore School of Economics before embarking on her career in journalism. Amina has worked with various international news agencies and has published numerous impactful pieces, making contributions to public discourse and advocating for positive change in her community.

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