Michael Saylor’s Strategy has expanded its already massive Bitcoin holdings, purchasing 15,355 BTC between April 21 and April 27, according to an April 28 announcement. The company spent $1.42 billion on the latest acquisition, paying an average price of $92,737 per Bitcoin. With this move, Strategy’s total Bitcoin stack grew by around 3%, bringing its holdings to 535,555 BTC—valued at over $50 billion at current market prices.
The update was confirmed through a Form 8-K filing with the United States Securities and Exchange Commission.
Largest Purchase Since March as Strategy Ramps Up Accumulation
This marks Strategy’s largest Bitcoin purchase since late March, when it acquired 22,048 BTC for $1.92 billion at an average price of $86,969 per coin. Strategy’s aggressive buying streak comes amid Bitcoin’s climb past the $90,000 mark, signalling continued institutional confidence despite volatile market conditions.
Saylor Highlights Bitcoin Yield Growth
Sharing the news on X, Strategy co-founder Michael Saylor emphasised the company’s growing Bitcoin yield. “As of April 27, we hodl 553,555 BTC acquired for approximately $37.90 billion at $68,459 per Bitcoin,” Saylor wrote.
Strategy’s Bitcoin yield—measuring the percentage change in the ratio of BTC holdings relative to its diluted shares—has reached 74% so far in 2024. The company is targeting a 15% BTC yield by 2025.
