Strategy bags 15,355 Bitcoin for $1.42B as price surged above $90K
Summary
Michael Saylor's Strategy acquired 15,355 Bitcoin between April 21 and 27, spending $1.42 billion at an average price of $92,737 per BTC. This increased the company's total Bitcoin holdings by approximately 3% to 535,555 BTC, valued at over $50 billion. The purchase is the largest since March when 22,048 Bitcoin were bought for $1.92 billion at $86,969 per BTC. Strategy's Bitcoin yield stands at 13.7% year-to-date, with a BTC yield of 74% in 2024. The company aims for a 15% BTC yield target in 2025.
