Strategy buys more Bitcoins!

MicroStrategy has acquired 6,556 more Bitcoin for $556 million , increasing its total to 538,200 BTC . This latest purchase, made at an average price of $84,800 per coin, pushes the company’s total Bitcoin investment to nearly $35 billion. The funds came from a recent sale of 5.6 million shares, continuing MicroStrategy’s strategy of using equity to buy Bitcoin. Michael Saylor, the company’s chairman, also highlighted that as of Q1 2025, over 13,000 institutions and 814,000 retail accounts directly hold MicroStrategy stock ($MSTR), with another 55 million people indirectly exposed through ETFs, mutual funds, pensions, and insurance portfolios. This reflects the growing institutional and retail interest in MicroStrategy as a Bitcoin proxy.

Source: Coinpaprika