Bitcoin-focused firm Strategy, formerly known as MicroStrategy, recently added another 3,459 BTC to its balance sheet, bringing its total holdings to 531,644 BTC. The purchase, which took place between April 7 and April 13, cost the company approximately $285.8 million. This brings the total amount spent on Bitcoin acquisitions to $35.9 billion, with an average purchase price of $67,556 per Bitcoin. The current value of the stash is over $45 billion.
To fund the latest BTC purchase, Strategy sold its class A common stock. Last week, the firm issued 959,712 shares of MSTR, raising around $285.7 million. Market analyst Ragnar pointed out the scale of this raise, noting that the company brought in approximately $8.79 million per hour while US markets were open, equivalent to about $146,513 per minute.
Strategy’s chairman and well-known Bitcoin advocate, Michael Saylor, highlighted that the company’s Bitcoin yield for 2025 has already reached 11.4% year-to-date. This metric reflects the increase in Bitcoin per fully diluted share and is crucial in evaluating shareholder value generated through the firm’s BTC strategy. Cern Basher, co-founder and chief investment officer at Brilliant Advice, predicts that if the current trend continues, the company’s BTC yield could rise to 46% by the end of the year.
The decision to invest heavily in Bitcoin has proven lucrative for Strategy thus far, with the asset’s value steadily increasing. As Bitcoin becomes more mainstream and institutional interest grows, the company’s bold move to allocate a significant portion of its balance sheet to cryptocurrency may continue to pay off in the long run.
It is important to note that as Bitcoin’s value is volatile and unpredictable, there are inherent risks associated with such large investments in the cryptocurrency. While Strategy’s bullish stance on Bitcoin has garnered attention and praise from some investors and analysts, others remain cautious and wary of the potential downsides.
Overall, Strategy’s continued accumulation of Bitcoin and its bullish outlook on the asset showcase its commitment to diversifying its balance sheet and exploring new avenues for growth and value creation. The company’s strategic approach to incorporating Bitcoin into its financial strategy could set a precedent for other firms looking to explore the potential benefits and risks of cryptocurrency investments. As the cryptocurrency market continues to evolve, it will be interesting to observe how Strategy’s Bitcoin-focused strategy unfolds in the coming months and years.
