Michael Saylor’s Strategy bagged 6,556 BTC for $555.8M last week

Quick Summary:

Strategy acquired 6,556 Bitcoin for $555.8 million in the period from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission.

Source: StrategyThe latest Bitcoin purchase was funded using proceeds from the Common ATM and STRK ATM stock offerings, including the sale of 1,755,000 Strategy shares for $547.7 million and 91,213 shares of Series A preferred stock sold for $7.8 million.

The latest purchase accounts for 1.2% of Strategy’s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an average price of $67,766 per BTC.

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Article Details

Author / Journalist: Cointelegraph by Helen Partz

Category: Crypto

Markets: United States

Topics: Strategy Acquired Purchase April Saylor’s Michael Bitcoin Total Million $555 Latest

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 13:40:03 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 306 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28098652

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