Best Source for Crypto News Cryptopostal Is All Crypto Info logo Best Source for Crypto News Cryptopostal Is All Crypto Info logo
Bitcoinist 2025-04-29 20:00:18

Bitcoin Addiction? Michael Saylor Buys 15,355 BTC More

Strategy has bought 15,355 Bitcoin tokens at a cost of $1.42 billion, its second huge acquisition in two straight weeks. The executive chairman of the company, Michael Saylor, revealed the acquisition via social media Monday. The move further solidifies Strategy as the biggest corporate holder of the cryptocurrency, with its current holding now standing at 553,555 Bitcoin worth about $52 billion. Strategy Shells Out Premium Price For New Bitcoin Haul Strategy purchased the newest Bitcoin at an average price of $92,737 per coin, based on Saylor’s declaration. This is well above their total average cost of $68,459 per BTC. The acquisition is coming after what looks to be a monthly cycle where Strategy conducts its largest purchases towards the tail-end of every month. $MSTR has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per bitcoin and has achieved BTC Yield of 13.7% YTD 2025. As of 4/27/2025, we hodl 553,555 $BTC acquired for ~$37.90 billion at ~$68,459 per bitcoin. https://t.co/5OOs3UdWLg — Michael Saylor (@saylor) April 28, 2025 The firm, which rebranded from MicroStrategy and diversified away from business intelligence and towards crypto development, purchased Bitcoin three times in the last five weeks. The reports indicate this forceful buying strategy has been successful so far as their holdings have delivered a 14% return year to date. Strategy’s Crypto Holdings Dwarf Other Corporate Investors The value of Strategy’s Bitcoin holdings places it well ahead of other publicly traded companies that invest in the cryptocurrency. According to figures from Bitcoin Treasuries, Strategy currently owns 505,955 more BTC than runner-up Marathon Digital and 522,055 more than third-placer Twenty One Capital. Strategy has invested nearly $38 billion in total on its crypto purchases. With the value of their holdings standing at over $50 billion currently, the firm has an unrealized profit of $14 billion. This profit is on paper alone until the company sells some of its holdings. End-Of-Month Buying Pattern Emerges A cryptocurrency expert known as J.A. Maartunn of CryptoQuant pointed out Strategy’s habit of making its biggest buys at the end of the month. The firm acquired 20,365 Bitcoin ($1.99 billion) in late February and 22,048 Bitcoin ($1.92 billion) in late March, with this latest April buy following the same trend. Between these huge end-of-month purchases, Strategy’s purchases were never more than 7,000 BTC, validating the analyst’s comment on the company’s purchasing behavior. This trend implies the company could keep making substantial purchases in subsequent months. Featured image from Unsplash, chart from TradingView

Cryptopostal Ads
fxdailyinfo ads
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约