Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Orion leads altcoin rally as Solana falters below $150

    July 6, 2025

    AAVE price steady as whales buy, exchange supply plunges

    July 6, 2025

    What Are The Most Decentralized Cryptocurrencies?

    July 6, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    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
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    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.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThis tiny altcoin could see 50x gains before BTC hits 100k
    Next Article This might be the last chance to buy BTC at under $100K: analyst
    James Wilson

    Related Posts

    Orion leads altcoin rally as Solana falters below $150

    July 6, 2025

    AAVE price steady as whales buy, exchange supply plunges

    July 6, 2025

    What Are The Most Decentralized Cryptocurrencies?

    July 6, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    Orion leads altcoin rally as Solana falters below $150

    By James WilsonJuly 6, 2025

    While Solana faces pressure below the $150 level, several altcoins are posting major gains, with…

    AAVE price steady as whales buy, exchange supply plunges

    July 6, 2025

    What Are The Most Decentralized Cryptocurrencies?

    July 6, 2025

    Bitcoin, Satoshi, FTX, Brazil’s central bank

    July 6, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Orion leads altcoin rally as Solana falters below $150

    July 6, 2025

    AAVE price steady as whales buy, exchange supply plunges

    July 6, 2025

    What Are The Most Decentralized Cryptocurrencies?

    July 6, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.