TL;DR
- Strategy, led by Michael Saylor, has resumed its aggressive Bitcoin buying with the acquisition of 3,459 BTC worth nearly $286 million.
- The company now holds 531,644 bitcoins, controlling approximately 2.5% of the total circulating supply.
- Despite market volatility and unrealized losses, Strategy remains firm in its belief that Bitcoin is a long-term strategic asset.
Tech firm Strategy, widely recognized for its bold approach to Bitcoin accumulation, has just announced the purchase of an additional 3,459 BTC between April 7 and April 13. This new investment totaled close to $286 million, with an average purchase price of $82,618 per coin. With this latest move, the company led by Michael Saylor now holds an impressive 531,644 BTC, further cementing its status as the largest publicly traded corporate holder of Bitcoin in the world.
The purchase was funded through the sale of 959,712 MSTR shares via its ongoing common stock ATM offering, generating fresh capital for the acquisition. This financing strategy underscores Saylor’s commitment not only ideologically but also financially, proving that Strategy has built a sustainable model to continue buying BTC without over-leveraging its balance sheet.
Bitcoin As A Long-Term Business Strategy
Despite a brief pause in acquisitions and a recent report showing unrealized losses of nearly $6 billion, Strategy’s outlook remains unchanged: no plans to sell. In fact, Saylor signaled this latest move days earlier by posting the company’s real-time Bitcoin portfolio on X (formerly Twitter), a pattern that has historically preceded new purchase announcements. Currently, with Bitcoin trading above $84,500, Strategy still holds over $9 billion in unrealized gains.
Strategically, this acquisition aligns with the company’s long-term goal of building a $42 billion Bitcoin treasury. Bitcoin is not just a speculative asset, it’s the new digital gold. Those who understand this shift early will be the ones who hold the upper hand in the coming financial paradigm.
Asia Is Also Joining The Bitcoin Movement
Meanwhile, Metaplanet, often referred to as “Asia’s Strategy”, has also intensified its Bitcoin acquisition efforts. The Tokyo-based investment firm recently announced a $26 million BTC purchase, bringing its total holdings to 4,525 BTC. With a goal to reach 10,000 BTC this year, Metaplanet is on track to become the largest publicly listed Bitcoin holder in Asia and the ninth-largest globally.
With moves like these, it’s clear that major companies see Bitcoin as more than just a speculative asset. It’s a store of value with the potential to redefine the future of global finance.