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Strategy Adds 6,556 Bitcoin to Its Portfolio in Latest $555.8M Purchase

Strategy Adds 6,556 Bitcoin to Its Portfolio in Latest $555.8M Purchase
© Copyright Image: The Crypto Basic

Strategy (formerly known as MicroStrategy) has added 6,556 Bitcoin (BTC) to its balance sheet, spending a total of $555.8 million for the new acquisition. The purchase was funded by proceeds from the companys two at-the-market (ATM) stock offerings. According to a regulatory filing, Strategy sold 1.76 million shares of its Class A common stock and over 91,000 shares of a preferred stock series, STRK, between April 14 and April 20. The common stock sale raised $547.7 million, while the preferred shares generated $7.8 million.Total Bitcoin Holdings Now at 538,200 BTCWith this latest purchase, Strategys total Bitcoin holdings have increased to 538,200 BTC, acquired at an average price of $67,766 per coin. The firms move to bolster its Bitcoin position follows a pattern of frequent buys since Michael Saylor, the companys executive chairman, led the charge for significant Bitcoin purchases. The most recent purchase happened on April 14, when the firm bought 3,459 BTC, resuming its purchases after a 7-day stay.Bitcoin Performance and Strategys GainsNotably, the companys Bitcoin holdings have yielded notable returns. For the quarter-to-date (QTD), Bitcoin has generated a 1% yield. Since the beginning of the year, Bitcoin has produced a 12.1% yield for Strategy, contributing to a significant $455 million gain from 5,209 BTC accumulated during the current quarter. Furthermore, Bitcoins gains for the year-to-date (YTD) have reached $4.72 billion, a positive reflection of the assets performance so far in 2025.

Strategy Bitcoin Portfolio
Criticism Surrounds Strategys Bitcoin StrategyDespite the positive performance, the companys ongoing Bitcoin acquisition strategy has drawn criticism. Well-known crypto critic Peter Schiff warned that Strategys continued Bitcoin purchases could eventually lead to losses. Schiff noted that as the company acquires more Bitcoin, its average purchase cost increases, especially if Bitcoins price declines. He pointed out that the company still has a "paper gain" of around 25% on its holdings but suggested that a further drop in Bitcoins value could result in the companys average BTC purchase cost exceeding the market price. If this occurs, Strategy could hold its Bitcoin position at a loss, as the market value of its holdings would be lower than the amount paid.

Read more: https://thecryptobasic.com/2025/04/21/strategy-adds-6556-bitcoin-to-its-portfolio-in-latest-555-8m-purchase/?utm_source=rss&utm_medium=rss&utm_campaign=strategy-adds-6556-bitcoin-to-its-portfolio-in-latest-555-8m-purchase

Text source: The Crypto Basic

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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