Michael Saylor’s Strategy purchased an additional 6,556 bitcoin for $555.8 million between April 14 and April 20, according to a regulatory filing with the Securities and Exchange Commission on Monday. The company paid an average price of $84,785 per bitcoin.
The funds came from selling its own shares to investors through ongoing stock sale programs. During the week, Strategy sold 1.76 million shares of its common stock (MSTR) and over 91,000 shares of its preferred stock (STRK), raising a total of $555.5 million to finance the bitcoin purchase.
The MSTR and STRK stock sale programs, launched in October 2024 and March 2025, respectively, have a combined capacity of $42 billion. As of April 20, $1.53 billion in MSTR and $20.96 billion in STRK remain available for issuance.
With the latest bitcoin acquisition, Strategy now holds a total of 538,200 bitcoin, purchased at a total cost of $36.47 billion. The company’s average purchase price across all holdings is $67,766 per bitcoin.
Bitcoin is currently trading at around $87,000. At that price, Strategy’s bitcoin stash is valued at around $46.8 billion — translating to a paper profit of about $10 billion.
Earlier this month, Strategy reported unrealized losses of $5.91 billion on its bitcoin holdings for the first quarter of 2025. Since then, bitcoin has gained, flipping those paper losses into notional gains. Under accounting rules, companies must report unrealized losses when the market value of an asset falls below its purchase price — even if the asset hasn’t been sold.
Strategy’s common stock, MSTR, is up about 2.2% today, trading at around $324, according to The Block’s MSTR price page.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
