MicroStrategy (Nasdaq: MSTR), rebranded to Strategy, acquired 15,355 Bitcoin during Apr. 21-27, the firm announced on X on Apr. 28.
The business intelligence firm said it made the purchase for $1.42 billion at $92,737 per BTC. It made the purchases with proceeds from the sale of Class A Common (MSTR) and 10% Series A Perpetual Strife Preferred Stock (STRK) at-the-market (ATM) stocks.
The firm held 553,555 BTC acquired for $37.9 billion at $68,459 per BTC. Its Bitcoin holdings were worth $52.78 billion at the time of writing.
In fact, its BTC yield year-to-date (YTD) stood at 13.7%.
MicroStrategy founder and executive chairman Michael Saylor is a strong Bitcoin advocate and is well-known for his bullish prediction that BTC’s price will hit $13 million in 20 years.
Only recently, Saylor remarked on X that one could still buy BTC “for less than $0.1 million.”
MicroStrategy is the world’s largest corporate Bitcoin holder, with no close competition.
Crypto mining companies MARA Holdings and Riot Platforms, which own 47,600 BTC and 19,223 BTC respectively, are the next two largest Bitcoin holders.
Twenty One, a new entrant helmed by Strike’s Jack Mallers, is set to compete soon with 42,000 BTC in its holdings. The venture is backed by Cantor Fitzgerald, chaired by Commerce Secretary Howard Lutnick’s son Brandon.
The crypto market cap reached $3.1 trillion on Apr. 28, recovering from the shockwaves of the tariff war.
As per Kraken’s price feed, Bitcoin was trading at $95,351.80 at press time, up 1.7% a day.
