Strategy’s Bitcoin Portfolio Grows To Nearly 600,000 BTC After Recent Purchase
Michael Saylor’s Bitcoin proxy firm, Strategy, purchased an additional $285.8 million in Bitcoin, acquiring 3,459 BTC at an average price of $82,618, raising total holdings to 531,644 BTC. Strategy utilized its at-the-market stock program to finance this acquisition, reflecting its commitment to expanding Bitcoin holdings. The firm reported an 11.4% year-to-date Bitcoin yield as of April 13, 2025, with total BTC valued at $35.92 billion. Strategy plans to raise $42 billion by 2027 to fund ongoing Bitcoin purchases. Despite a projected unrealized loss of $5.9 billion for Q1 due to accounting changes, shares have surged approximately 2,300% since 2020. Bitcoin recently regained the $85,000 level but remains 21% below its all-time high of $109,000. Market challenges are linked to President Trump’s tariff policies, though a recent pause may provide positive catalysts for further gains.