Massive Purchase: 15,355 BTC Acquired
The world's largest corporate Bitcoin holder, Strategy (formerly MicroStrategy), announced in a Form 8-K filing on Monday that it purchased 15,355 BTC between April 21 and April 27, 2025, at an average price of $92,737 per bitcoin. The acquisition was funded through proceeds from the company's at-the-market (ATM) stock offerings, which raised $1.44 billion through the sale of common and preferred shares. The company reported selling 4,020,000 shares of common stock and 435,069 shares of its 8.00% Series A perpetual strike preferred stock during the period.
Holdings and Market Impact
Strategy's total Bitcoin holdings are now worth more than $52 billion at current prices, with an average purchase price of $68,459 per Bitcoin. The company has accumulated approximately 2.64% of Bitcoin's maximum supply of 21 million coins. The latest purchase comes as Bitcoin trades above $95,000, supported by strong institutional inflows into spot Bitcoin ETFs and improving macro conditions. According to the filing, Strategy has nearly exhausted its $21 billion common stock ATM program launched in October 2024, with only $128.7 million remaining available for issuance. The STRK preferred share program, established in March 2025, still has $20.92 billion available. Bitcoin's price has shown resilience above key psychological levels, trading at $95,304 at press time, up 1.59% over the past 24 hours. Bitcoin has benefited from several positive catalysts, including President Trump's signals on reducing Chinese import tariffs and new SEC Chairman Paul Atkins' pro-crypto stance.
Institutional Confidence and Outlook
Strategy's continued Bitcoin purchases reflect growing institutional confidence in the asset class. The company has maintained its position as the largest public holder of Bitcoin, with its holdings now representing a significant portion of the total circulating supply. With the common stock ATM nearly exhausted but the STRK program still well-funded, further acquisitions are likely. Bitcoin's ability to hold above $95,000 suggests bullish momentum, with the next major resistance at $100,000. Favorable regulatory signals and sustained ETF inflows provide a supportive backdrop for continued price appreciation.