They Bought More Bitcoin Than You Can Count – Here’s Why It’s Wild

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So, Strategy – you know, that Bitcoin hoarder formerly called MicroStrategy – just piled on another 15,355 shiny digital coins last week. Because why not? Apparently, when you have billions, spending $1.42 billion at about $92,737 per Bitcoin is just another Tuesday.

This latest splurge means they now have a whopping 553,555 BTC lounging around their digital vault. At current prices, that’s north of $52 billion, which is basically enough to buy everyone in the world a small taco. 🌮

They’ve been on this buying spree for a while, averaging a spend of $68,459 per Bitcoin, with a grand total sunk into this crypto hobby coming in at around $37.9 billion. Including fees because, yes, even billionaires hate paying fees.

Oh, and because they can: their pile now makes up over 2.6% of the entire Bitcoin universe – all 21 million coins grown-up and grown together.

But wait! The Bitcoin corporate Hunger Games are heating up. Big players like Cantor Fitzgerald, SoftBank, Bitfinex, and Tether are cooking up a $3.6 billion Bitcoin lovechild, while fresh-faced newbies like Twenty One Capital, helmed by Strike CEO Jack Mallers, want in on this gleaming crypto party with their own native strategies.

Their stock (MSTR) didn’t just sit still either, closing 5.2% higher at $368.71 last Friday and flirting with even more gains before markets opened Monday. Year-to-date, MSTR’s up by nearly 23%, riding Bitcoin’s rollercoaster and the institutional hype like a pro surfer on Wall Street waves.

How’d They Fund This Madness?

Turns out, they didn’t just find a couch cushion with a billion dollars under it. Strategy sold about 4 million MSTR shares between April 21 and 27, raking in roughly $1.4 billion, plus a sprinkle more from over 435,000 STRK shares for $37.5 million. A tidy little cash machine, right?

Still hanging around in their back pocket: a mere $128.7 million in MSTR shares left to issue — which, to them, must feel like spare change.

This aggressive Bitcoin appetite is nothing new: just last week, they dropped $555 million on 6,556 BTC. If buying Bitcoin was a sport, these guys would be in the playoffs.

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2025-04-28 16:50