April 29, 2025

Strategy Buys 15,355 More Bitcoin, Now Holds Over 553,000 BTC

2 min read

Nasdaq-listed company Strategy has again doubled down on its Bitcoin (BTC) acquisition plan . According to a recent X post, the company’s Chairman, Michael Saylor, announced that the firm has bought 15,355 Bitcoin for a whopping $1.42 billion. As revealed, the company paid an average price of $92,737 per Bitcoin. This is one of Strategy’s biggest Bitcoin purchases so far. Strategy Bitcoin Buying Spree Yields Notable Gains As of April 27, 2025, Strategy holds 553,555 Bitcoin. The company spent about $37.90 billion, or an average of $68,459 per Bitcoin, to build its massive crypto asset reserve. In the X post , Saylor revealed the company’s Bitcoin investments have performed well. It has achieved a 13.7% Bitcoin yield year-to-date in 2025. Notably, Strategy’s latest purchase was expected. On Sunday, Saylor posted a message on social media hinting at a new Bitcoin buy. Strategy owns about 2.64% of the 21 million Bitcoin units circulating globally. This makes the software intelligence business firm one of the largest Bitcoin holders in the world. With this latest purchase, Strategy shows its strong commitment to Bitcoin. In March, analysts at Bernstein predicted that Strategy’s Bitcoin holdings could increase to over 1 million BTC by 2033. Strategy’s Bitcoin Plan Remains Strong Amidst Criticism Strategy has continued to invest aggressively in Bitcoin. The company did not slow down its buy-up plans during market turmoil. Strategy plans to buy more Bitcoin and hold the digital asset long-term. This comes as Michael Saylor sees Bitcoin as a hedge against economic inflation and a store of value. However, this approach has drawn criticism for being risky, especially if Bitcoin’s price falls, and concerns about one company holding so much Bitcoin. Recently, Bitcoin analyst and author Adam Livingston described Strategy’s Bitcoin buying spree as a “ synthetic halving .” He explained that Strategy is purchasing half or more of the new Bitcoin produced by miners each month. Analyst Livingston believes this aggressive buying strategy could lead to a significant Bitcoin shortage and raise prices if demand keeps growing. As a result, Bitcoin could become more challenging to obtain and more expensive, especially for borrowing or lending. Bitcoin Remains Steady Following Michael Saylor’s post, Bitcoin’s price did not change much. This is because the market had already anticipated a big purchase. According to CoinMarketCap data , Bitcoin is trading above $95,000, up 1.52% in the last 24 hours. Adam Back, CEO of Blockstream, has recently predicted that Bitcoin’s market value could reach $200 trillion in the future. If Bitcoin becomes harder to obtain due to increased market price, Strategy’s large holdings could become even more valuable. The post Strategy Buys 15,355 More Bitcoin, Now Holds Over 553,000 BTC appeared first on TheCoinrise.com .

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