Categories: Bitcoin Latest News

Strategy’s Bitcoin Portfolio Grows To Nearly 600,000 BTC After Recent Purchase

Michael Saylor’s Bitcoin (BTC) proxy firm, Strategy, has made headlines once again by purchasing an additional $285.8 million worth of Bitcoin (BTC) during a week characterized by significant fluctuations in the company’s stock (MSTR) price. 

Saylor’s Strategy Reports 11.4% Year-to-Date Bitcoin Yield

To finance this latest acquisition, Strategy utilized its at-the-market stock program, selling shares to raise capital for further Bitcoin purchases. This strategic move aligns with the firm’s ongoing commitment to expanding its Bitcoin holdings, which have become a cornerstone of its financial strategy.

According to Bloomberg, demand for Strategy’s convertible debt has been partly fueled by hedge funds looking to exploit the company’s stock volatility. 

These funds are reportedly engaged in trades that involve buying the bonds while simultaneously short-selling the shares, effectively betting on the stock’s price movements.

This most recent Bitcoin purchase, which involved acquiring 3,459 BTC at an average price of around $82,618 between April 7 and April 13, brings Strategy’s total Bitcoin holdings to 531,644 BTC. 

In a social media update, Saylor revealed that the firm has achieved a year-to-date Bitcoin yield of 11.4% as of April 13, 2025. Strategy now holds a total of $35.92 billion in BTC at an average price of $67,556 per Bitcoin. 

This impressive figure represents approximately 2.5% of the total 21 million Bitcoin that will ever be issued, solidifying Strategy’s status as the largest corporate holder of Bitcoin. However, the firm’s financial landscape is not without challenges. 

$42 Billion By 2027 To Fuel Ongoing BTC Purchases

Last week, NewsBTC reported that Strategy would register an unrealized loss of $5.9 billion for the first quarter of the year due to an accounting change mandating that digital assets be valued at market prices. 

In the same quarter, the company reportedly spent $7.79 billion on Bitcoin, reflecting its aggressive purchasing strategy, which has included nine acquisitions during this period.

Looking ahead, Strategy has announced plans to raise $42 billion in capital through 2027, utilizing proceeds from both at-the-market stock sales and fixed-income securities to continue funding its Bitcoin purchases. 

Since Saylor began investing the firm’s cash into Bitcoin as a hedge against inflation in 2020, shares of Strategy have surged approximately 2,300%, highlighting the dramatic impact of its cryptocurrency strategy on shareholder value.

As of now, the market’s leading cryptocurrency has successfully regained the crucial $85,000 level, reflecting a 7% increase over the past week. However, despite this recovery, the cryptocurrency is currently trading 21% below its all-time high of $109,000, which was reached in January of this year. 

Experts attribute some of the market’s recent challenges to President Donald Trump’s tariff policies, which have impacted overall market sentiment. But with the president’s recent 90-day pause on the so-called “tariff war,” the market has regained long-awaited catalysts that could mean further gains.

Featured image from DALL-E, chart from TradingView.com 

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