Bitcoin (BTC) Stack at Strategy (MSTR) Rises to 553,555 With Latest Purchase.

April 28, 2025

Markets

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By James Van Straten|Edited by Sheldon Reback, Stephen Alpher

Updated Apr 28, 2025, 12:33 p.m. Published Apr 28, 2025, 12:13 p.m.

Photo of Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De)
  • Strategy purchased 15,355 bitcoin over the past week, bringing total holdings to 553,555 BTC.
  • The latest buys were funded from common and preferred stock offerings.
  • Company bitcoin holdings are worth more than $52 billion at the current BTC price just above $95,000.

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR)

Strategy (MSTR) added another 15,355 BTC to its balance sheet over the past week, spending about $1.42 billion on the purchase, or an average price of $92,737 per bitcoin, according to a filing published on Monday.

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The company’s bitcoin holdings have now risen to 553,555 BTC worth more than $52 billion at bitcoin’s current price just north of $95,000. The average purchase price for MSTR’s total stack is $64,459 each.

This latest acquisition was funded through proceeds from the company’s two at-the-market stock offerings, the filing noted. Between April 21 and April 27, Strategy sold over $4 million worth of its Class A common stock and more than 435,000 shares of its preferred stock series, STRK.
According to the 8-K filing, only $128.7 million of the common stock ATM program remains, representing just 0.6% of the initial $21 billion that began in October 2024.

Shares of MSTR are up1.5% in pre-market trading alongside a modest rise in the price of bitcoin since Friday afternoon.

James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.

In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR).

James Van Straten

 

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