A New Chapter in the Bitcoin Race: Strategy's Mammoth Acquisition
Purchased 15,355 Bitcoins for $1.42 Billion, Now Owns 553,555 Bitcoins in Total
Let's dive into the latest move by Strategy (formerly MicroStrategy), the frontrunner in corporate Bitcoin holdings. Between the 21st and 27th of April 2025, Strategy snagged an impressive 15,355 bitcoins for a staggering $1.42 billion, averaging approximately $92,737 per bitcoin.
With this recent purchase, Strategy now holds an astounding 553,555 BTC, valued at over $52 billion on the current market. This impressive stash translates to about 2.6% of bitcoin's total supply of 21 million coins.
Strategy has financed these acquisitions by offloading its MSTR and STRK stocks. The company has shed 4,020,000 shares of MSTR for $1.4 billion, and 435,069 shares of STRK for $37.5 million. After these sales, only $128.7 million worth of MSTR stocks remain up for grabs under the current program, while the STRK program still has ample room to grow, with around $20.92 billion worth of STRK shares available for future issuance and sale.
Strategy's "21/21 plan" aims to raise a hefty $42 billion through equity offerings and fixed-income securities for more bitcoin acquisitions. This bold plan reflects Strategy's commitment to its Bitcoin strategy, even in the face of market uncertainty.
The latest purchase follows closely on the heels of another acquisition just a week prior. Between the 14th and 20th of April, Strategy bought 6,556 BTC for around $555 million, at an average price of $84,785 per bitcoin.
Despite market volatility, Strategy's stock has remained strong, climbing 28.09% over the past month. This impressive growth outperforms tech giants like Microsoft, Google, and NVIDIA, which have all suffered negative returns over the same period.
The Bitcoin race is heating up, as Strategy is not alone in its accumulation strategy. Companies such as Cantor Fitzgerald, SoftBank, Bitfinex, Tether, Semler Scientific, KULR, and Metaplanet are joining the fray, following in Strategy's footsteps.
Interestingly, Metaplanet has explicitly modeled its strategy after MicroStrategy's, having acquired over 5,000 BTC with plans to lead crypto adoption in Asia. Meanwhile, there is no conclusive evidence that Cantor Fitzgerald, SoftBank, Bitfinex, Tether, Semler Scientific, KULR, or Twenty Twenty One have adopted comparable Bitcoin treasury strategies. However, the broader trend of institutional accumulation is undeniable, with over 35,000 BTC exiting major exchanges and 11% growth in wallets holding more than $1M in BTC within April 2025.
In conclusion, MicroStrategy's Bitcoin strategy has set a precedent that seems to influence other companies, especially Metaplanet, which positions itself as the "Asian MicroStrategy." The impact on other companies remains uncertain, but one thing is clear: the corporate Bitcoin race is only heating up.
- MicroStrategy, a business pioneering in corporate Bitcoin holdings, purchased 15,355 bitcoins in April 2025, averaging roughly $92,737 per bitcoin.
- With this latest acquisition, MicroStrategy now owns approximately 553,555 BTC, representing 2.6% of the total bitcoin supply.
- MicroStrategy financed these purchases by selling off shares of its MSTR and STRK stocks, leaving only a small amount of MSTR stocks available for future sales.
- MicroStrategy's 21/21 plan aims to raise $42 billion through equity offerings and fixed-income securities for more bitcoin acquisitions, reflecting the company's commitment to its Bitcoin strategy.
- Other companies, such as Metaplanet, are following MicroStrategy's lead, committing to Bitcoin strategies and positioning themselves as key players in the crypto market.
- The trend of institutional Bitcoin accumulation is evident, as more companies diversify their portfolios with cryptocurrency investments, signaling a potential shift in finance and technology industries.
