Bitcoin’s rally past $87,000 comes amid reignited aggressive buying from institutional players. On April 21, Japan-based Metaplanet and US firm Strategy (formerly MicroStrategy) both disclosed major Bitcoin acquisitions, adding a combined total of nearly 7,000 BTC to their corporate reserves. This move signals their continued confidence in Bitcoin as a hedge against inflation and monetary […]
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The company has spent $36.47 billion on bitcoin to date and remains the largest corporate holder of BTC.
At current prices, Strategy's bitcoin is worth around $46.8 billion — giving it a paper profit of about $10 billion.
Strategy chairman Michael Saylor, a vocal promoter of Bitcoin, stoked renewed chatter among crypto circles with his recent enigmatic tweet. Thursday’s message stating merely “Bitcoin is Calling” left many asking if a forthcoming significant purchase looms. Related Reading: Is Shiba Inu On Track To Dethrone Dogecoin? Here’s What The Experts Say Strategy’s Shopping Spree On Bitcoin Goes Unabated In The Face Of Market Uncertainty The company recently acquired 3,450 Bitcoin at a price of $285 million. This was done after a short one-week break from their consistent acquisition pattern. Strategy has been steadfast in its aggressive acquisition strategy despite the fact that nearly all of its crypto acquisitions since November 18 have been made at higher-than-current market prices, according to reports. Image: Open Access Government Saylor’s post might be a tease regarding another future purchase, given his history of sending such sarcastic remarks ahead of new acquisitions. The post also appeared to urge his 4.2 million followers to purchase BTC, which he has frequently called “the future of money.” Bitcoin is Calling. pic.twitter.com/0jo19Qbr5q — Michael Saylor (@saylor) April 17, 2025 Bitcoin Bet Pays Off With Massive Stock Gains Strategy’s shares have trounced the performance of America’s largest technology stocks, Saylor’s Wednesday filing showed. The crypto-focused firm has posted an astonishing 130% gain over the last year. These returns more than dwarf the returns of Tesla (57%), NVIDIA (30%), Apple (17%), Meta (4%), and Alphabet (2%). There is a @Strategy to beat the Magnificent 7. pic.twitter.com/TlD57hW0w0 — Michael Saylor (@saylor) April 15, 2025 Some top tech firms actually lost value during the same period. Amazon and Microsoft saw drops of 2% and 7% respectively. These comparisons highlight the significant rewards Strategy has reaped from its heavy crypto investment strategy. Saylor Continues Bold Bitcoin Claims The chairman of Strategy has issued some provocative comments on BTC in recent weeks. Only two weeks ago, he asserted that the price volatility of the top crypto asset actually proves its utility instead of constituting a disadvantage. When someone brought up Bitcoin’s link with risky assets, Saylor contended this is so because Bitcoin is “the most liquid, salable, and accessible asset on the planet.” A day earlier than that remark, he underscored Bitcoin’s singular status among commodities by noting that there are no tariffs on it. His remark highlighted its digital nature and liquidity as central to what makes it functionally decentralized. Saylor has established himself as one of Bitcoin’s most vocal proponents. His tweets tend to center on the fact that there are only 21 million coins in existence, which he recently referred to as “the most important number in finance.” He has also likened Bitcoin to chess, although the meaning behind this comparison wasn’t elaborated in coverage. Image: Blockzeit Related Reading: Could 1,000 XRP Buy You Happiness? This Analyst Thinks So The chairman’s most recent statement comes as Strategy maintains its focus of continuing to buy Bitcoin for the long term, no matter what happens in the short term. With the company’s shares outperforming technology giants and Saylor’s ongoing public support, most crypto observers are now looking to see if another significant purchase of crypto comes after his cryptic “calling” tweet. Featured image from Getty Images/Joe Raedle, chart from TradingView
Michael Saylor’s Bitcoin (BTC) proxy firm, Strategy, has made headlines once again by purchasing an additional $285.8 million worth of Bitcoin (BTC) during a week characterized by significant fluctuations in the company’s stock (MSTR) price. Saylor’s Strategy Reports 11.4% Year-to-Date Bitcoin Yield To finance this latest acquisition, Strategy utilized its at-the-market stock program, selling shares to raise capital for further Bitcoin purchases. This strategic move aligns with the firm’s ongoing commitment to expanding its Bitcoin holdings, which have become a cornerstone of its financial strategy. According to Bloomberg, demand for Strategy’s convertible debt has been partly fueled by hedge funds looking to exploit the company’s stock volatility. These funds are reportedly engaged in trades that involve buying the bonds while simultaneously short-selling the shares, effectively betting on the stock’s price movements. Related Reading: XRP Reaches ABC Pattern Top—Analyst Says $6.50+ Targets Still In Play This most recent Bitcoin purchase, which involved acquiring 3,459 BTC at an average price of around $82,618 between April 7 and April 13, brings Strategy’s total Bitcoin holdings to 531,644 BTC. In a social media update, Saylor revealed that the firm has achieved a year-to-date Bitcoin yield of 11.4% as of April 13, 2025. Strategy now holds a total of $35.92 billion in BTC at an average price of $67,556 per Bitcoin. This impressive figure represents approximately 2.5% of the total 21 million Bitcoin that will ever be issued, solidifying Strategy’s status as the largest corporate holder of Bitcoin. However, the firm’s financial landscape is not without challenges. $42 Billion By 2027 To Fuel Ongoing BTC Purchases Last week, NewsBTC reported that Strategy would register an unrealized loss of $5.9 billion for the first quarter of the year due to an accounting change mandating that digital assets be valued at market prices. In the same quarter, the company reportedly spent $7.79 billion on Bitcoin, reflecting its aggressive purchasing strategy, which has included nine acquisitions during this period. Related Reading: XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? Looking ahead, Strategy has announced plans to raise $42 billion in capital through 2027, utilizing proceeds from both at-the-market stock sales and fixed-income securities to continue funding its Bitcoin purchases. Since Saylor began investing the firm’s cash into Bitcoin as a hedge against inflation in 2020, shares of Strategy have surged approximately 2,300%, highlighting the dramatic impact of its cryptocurrency strategy on shareholder value. As of now, the market’s leading cryptocurrency has successfully regained the crucial $85,000 level, reflecting a 7% increase over the past week. However, despite this recovery, the cryptocurrency is currently trading 21% below its all-time high of $109,000, which was reached in January of this year. Experts attribute some of the market’s recent challenges to President Donald Trump’s tariff policies, which have impacted overall market sentiment. But with the president’s recent 90-day pause on the so-called “tariff war,” the market has regained long-awaited catalysts that could mean further gains. Featured image from DALL-E, chart from TradingView.com
The company's holdings now total 531,644 BTC — around 2.5% of the total 21 million bitcoin supply — worth over $45 billion.
Strategy paused BTC buys as bitcoin tumbled in Q1, but Saylor signaled additional purchases may be coming.
Markets rebounded sharply after Trump paused global tariffs for 90 days and lowered most reciprocal duties to 10%, sparking a 7% jump in bitcoin.
Bitcoin-heavyweight Strategy, formerly known as MicroStrategy, has moved over 8,000 BTC (more than $700 million) to four newly identified wallets, according to data from blockchain analytics platform Arkham Intelligence. On-chain data from Arkham Intelligence shows the transfers occurred across four transactions between April 2 and April 5. The first transfer moved 1,063 BTC (worth approximately […]
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Strategy disclosed $5.91 billion in unrealized bitcoin losses for Q1 as crypto markets wobbled on tariff-fueled global uncertainty.
The fund aims to benefit from the inherent losses resulting from holding leveraged funds longer than one day, known as volatility decay.
Bitwise Asset Management has rolled out three new exchange-traded funds (ETFs) designed to generate consistent monthly income by leveraging the high volatility of crypto-linked stocks, according to an April 3 statement. The newly launched ETFs include the Bitwise Coinbase Option Income Strategy ETF (ICOI), Bitwise Marathon Digital Option Income Strategy ETF (IMRA), and Bitwise MicroStrategy […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company's holdings now total 528,185 BTC — around 2.5% of the total 21 million bitcoin supply — worth over $43 billion.
Though Strategy has been buying bitcoin for nearly five years, the recent aggressive pace of purchases means another moderate leg lower in prices would put the company in the red on its BTC stack.
Dominari, which trades under the ticker DOMH, is the latest public company to establish a corporate Bitcoin treasury strategy.
GME is issuing $1.3 billion in convertible notes to fund a corporate Bitcoin treasury, drawing comparisons to MSTR's high-profile pivot.
Alternatively, an elongated bear market could see Strategy's bitcoin stack stagnate, with some of its holdings liquidated, the analysts said.
KULR Technology Group has acquired another 58.3 BTC for approximately $5 million at an average price of $88,824 per bitcoin.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company's holdings now exceed 500,000 BTC — around 2.4% of the total 21 million bitcoin supply — worth over $44 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy, formerly known as MicroStrategy, revealed that it secured over $700 million from a recent preferred stock offering designed to purchase more Bitcoin. On March 21, the firm confirmed the sale of 8.5 million shares of its Series A Perpetual STRF Preferred Stock. Each share was priced at $85 and offered a 10% annual dividend. […]
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Strategy announced the pricing of its STRF offering on Friday, upsizing the deal from $500 million to $722.5 million to buy more bitcoin.
Strategy (formerly known as MicroStrategy) has announced plans to raise additional capital through a Strife Preferred Stock (STRF) offering. In a March 18 announcement, the firm intends to issue 5 million shares of its Series A Perpetual STRF stock, subject to regulatory approval and market conditions. The capital raised will be directed toward corporate operations, […]
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While some have suggested the crypto market has already peaked, Bernstein argues the current cycle is still in its early stages.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The latest acquisitions were made using proceeds from the sale of its perpetual strike preferred stock, STRK.
Bitwise's head of alpha strategies said this week that MSTR is "more akin to altcoin behavior that tradfi Investors can find access to."
The fund provides exposure to convertible bonds issued by companies holding bitcoin in their corporate treasury.