Strategy buys more bitcoin for $555 million, pushing total holdings to 538,200 BTC

Quick Take

  • Strategy bought 6,556 bitcoin last week using money raised from stock sales.
  • The company now owns 538,200 bitcoin, bought for a total of $36.47 billion.
  • At current prices, Strategy’s bitcoin is worth around $46.8 billion — giving it a paper profit of about $10 billion.

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.


Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 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.

AUTHOR

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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