Strategy, formerly known as Microstrategy, has published new financial data highlighting its aggressive bitcoin-focused strategy. Executive Chairman Michael Saylor disclosed on X that the company's treasury operations have generated a staggering $5.1 billion gain year-to-date, reinforcing its status as the ultimate corporate bitcoin treasury titan.
Key Financial Metrics
As of April 27, 2025, Strategy's bitcoin reserves total 538,200 BTC, valued at approximately $50.8 billion at the current price of $94,367. The year-to-date bitcoin yield stands at 12.1%, representing a gain of 54,029 BTC. For the quarter-to-date, the firm achieved a 1.0% yield, translating to a 5,209 BTC gain ($492 million). In 2024, the company posted an impressive 74.3% bitcoin yield, resulting in a net gain of 140,538 BTC valued at roughly $13.1 billion.
Funding Strategy and Recent Purchases
Strategy continues to bolster its bitcoin holdings through debt and preferred stock sales. Its most recent purchase, disclosed on April 21, involved acquiring 6,556 BTC for approximately $555.8 million at an average price of $84,785 per bitcoin. This disciplined approach has allowed the firm to accumulate substantial digital assets while maintaining low cost basis volatility.
Growing Investor Exposure
Saylor revealed that Q1 2025 public data shows more than 13,000 institutions and 814,000 retail accounts now directly hold MSTR shares. Additionally, about 55 million individuals have indirect exposure through ETFs, mutual funds, pension plans, and insurance portfolios. Saylor reiterated his bullish stance: “Bitcoin has no counterparty risk. No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos.” This bold statement underscores Strategy's unwavering commitment to bitcoin as the ultimate treasury reserve asset.