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    You are at:Home » Strategy buys 6,556 Bitcoin after BTC reaches monthly high
    Crypto

    Strategy buys 6,556 Bitcoin after BTC reaches monthly high

    James WilsonBy James WilsonApril 21, 2025No Comments2 Mins Read
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    The largest corporate Bitcoin holder in the world, Strategy, has purchased 6,556 BTC for $555.8 million after the cryptocurrency broke through its monthly high of $87,400.

    According to a regulatory filing addressed to the U.S. Securities and Exchange Commission on April 21, Michael Saylor’s company Strategy, formerly MicroStrategy, has bought 6,556 BTC (BTC) worth around $555.8 million at the time of purchase. So far, the company has achieved a BTC Yield of 12.1% on a year-to-date basis in 2025.

    The company declared that the purchase was made using proceeds gained from the Common ATM and STRK ATM. In the case of Strategy, Common ATM refers to the standard at-the-market offering of the company’s common stock. Meanwhile, STRK ATM is the at-the-market offering of Strategy’s preferred stock, which is STRK. Both are used to generate capital by selling shares directly on the market.

    Strategy’s latest purchase brings its total Bitcoin holdings to 538,200 BTC worth around $36.47 billion at an aggregated purchase price. On average, each BTC held by Strategy is valued at $67,766.

    Price chart depicting Bitcoin price movements in the past month, April 21, 2025 | Source: crypto.news
    Price chart depicting Bitcoin price movements in the past month, April 21, 2025 | Source: crypto.news

    In the past day of trading, Bitcoin has managed to break through its previous monthly high, reaching $87,638. The last time BTC reached above $87,400 was back in March 28, before it experienced a significant slump in early April.

    At press time, BTC has gone up by more than 3.5%. It is currently trading hands at a price of $87,273.

    Just a week prior to today’s purchase, Strategy bought 3,459 BTC for $285.8 million between April 7 and April 13. At the time, Bitcoin has failed to recover to its previous $100k high.

    In early April, Michael Saylor’s software company declared that might consider selling its Bitcoin holdings to pay off its financial obligations. The Bitcoin sale would become the company’s only option if it fails to secure financing either through equity or debt.

    As previously reported by crypto.news, the company has accumulated a debt of around $8 billion as well as financial pressure with $35 million in annual interest payments and $150 million in yearly dividends.



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