Strategy, led by executive chairman Michael Saylor, has once again strengthened its commitment to Bitcoin with a new acquisition totaling $555.8 million. Strategy has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, we hodl 538,200 $BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin. $MSTR $STRK $STRF https://t.co/Drmb6g2D36 — Strategy (@Strategy) April 21, 2025 According to a regulatory filing released on Monday, the company purchased 6,556 BTC at an average price of $84,785 per coin. This latest acquisition reinforces Strategy’s position as the largest corporate holder of Bitcoin, a role it has embraced since initiating its accumulation strategy in 2020. The funding for the purchase came from proceeds raised through the company’s two active at-the-market (ATM) equity offering programs. These programs allow Strategy to sell newly issued shares on the open market, using the capital to invest in Bitcoin. This approach has been a hallmark of Saylor’s long-term vision: to convert the company’s balance sheet into a Bitcoin-backed treasury model. As of April 20, 2025, Strategy now holds approximately 538,200 BTC. The total cost basis for these holdings stands at approximately $36.47 billion, with an average purchase price of $67,766 per bitcoin. Despite the volatile nature of cryptocurrency markets, the company’s BTC yield for the year-to-date has reached an impressive 12.1%, showing both timing and market momentum. Saylor’s unwavering belief in Bitcoin as a superior store of value continues to drive this aggressive acquisition strategy. By using capital markets and maintaining a buy-and-hold approach, Strategy has positioned itself not only as a software company but also as a prominent institutional force in the digital asset space. This most recent purchase displays continued confidence in Bitcoin’s long-term value and shows how traditional corporations can use financial tools to gain exposure to digital assets. Strategy May Need to Sell BTC at a Loss to Cover Debt According to a recent regulatory filing , Strategy revealed it may be forced to sell some of its Bitcoin holdings to meet financial obligations, potentially below cost basis. Earlier this month, Strategy’s debt burden stood at $8 billion, with $35 million in annual interest and $150 million in yearly dividends further tightening the noose. The firm’s software operations no longer generate enough revenue to sustain these obligations, and the long-touted promise of Bitcoin’s perpetual appreciation is being put to a brutal test. Strategy’s Bitcoin playbook was initially praised for entering Bitcoin early, ahead of the 2021 bull run; the company expanded its holdings through a mix of convertible debt and equity offerings. On April 7, Strategy also halted its Bitcoin purchases during a period of global financial instability, according to a filing submitted to the U.S. Securities and Exchange Commission. The pause marked a shift in the firm’s usual aggressive Bitcoin acquisition strategy and came as digital asset markets reacted to fresh geopolitical risks. A legal filing dated April 7 revealed that Strategy did not purchase any Bitcoin between March 31 and April 6. The post Strategy Adds $555M Bitcoin—Stash Hits 538K BTC as Debt Looms appeared first on Cryptonews .
