You Won’t Believe How Much Bitcoin This Company Just Bought!

by

Michael Saylor, the man who practically owns the concept of “buying in bulk” when it comes to Bitcoin, made yet another eyebrow-raising announcement today. The co-founder and current Executive Chairman of the world’s largest corporate BTC holder, also known as Strategy (formerly MicroStrategy – because who doesn’t love a good rebrand?), just casually announced they’ve added another 6,556 BTC to their ever-growing collection.

The firm, who clearly believes in the power of digital coins more than your average treasure-hunting pirate, shelled out a mere $555.8 million for this latest batch of shiny Bitcoin, bringing their total stash to a whopping 538,200 BTC. Yes, you read that correctly. A mere half a million. Piece of cake, right? 🍰

$MSTR has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, @Strategy holds 538,200 $BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin.

— Michael Saylor (@saylor) April 21, 2025

For those keeping score at home, Strategy’s latest BTC splurge came in at around $84,785 per coin – a price that, ironically, was a steal just a week ago when Bitcoin was still stuck in the low $80,000s. Since then, the value has rocketed past $87,000. Ah, the joys of timing! 🏃‍♂️💨

Now, you might be wondering, “How much has Strategy actually spent on all this?” Well, grab your seat, because it’s a dizzying $36.47 billion. Yes, billion with a B. And with the average price of Bitcoin being $67,766 per coin, Strategy is now sitting on unrealized profits of about $10 billion. 🤑

As if all this weren’t enough, Strategy’s stock price is doing the financial equivalent of “hold my beer.” It survived the recent storm caused by US President Donald Trump’s tariffs and is actually up by 4% month-over-month. After taking a brief dive to $230 during the sell-off two weeks ago (whoops!), it’s now enjoying the sweet, sweet taste of $320. 🏆

Read More

2025-04-21 15:53