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  4. Strategy Boosts Bitcoin Stash with $1.5B Purchase!

Strategy Boosts Bitcoin Stash with $1.5B Purchase!

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The company known as Strategy has further expanded its Bitcoin portfolio, acquiring approximately $1.5 billion worth of the cryptocurrency, according to an announcement made by founder Michael Saylor in a post on X on Monday.

Continued Expansion in Bitcoin Holdings

Documents filed on April 28 with the United States Securities and Exchange Commission (SEC) reveal that the Virginia-based software company bought 15,355 Bitcoin, with each unit valued at around $92,737, bringing the total investment to about $1.42 billion.

$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

With this latest acquisition, Strategy now holds a total of 553,555 Bitcoin valued at approximately $37.90 billion, based on an average purchase price of $68,459 per coin.

Just a week prior, Strategy announced its acquisition of over $555 million worth of Bitcoin, having temporarily halted purchases earlier in the month while global markets reacted to U.S. President Donald Trump’s tariff policies dubbed “Liberation Day.”

In recent days, Bitcoin’s value has notably risen, with prices stabilizing around $94,000 as of Monday afternoon, despite the U.S. dollar showing signs of weakness.

Saylor Endorses New SEC Leadership

Michael Saylor, who spearheaded Strategy’s initial Bitcoin investments back in 2020, has consistently advocated for Bitcoin’s potential in the marketplace.

He expressed a bullish outlook on the cryptocurrency’s future, stating in an April 28 post, “When banks finally bless Bitcoin and the experts agree it’s a good idea, everyone will want to buy it, no one will need to sell it, and you won’t be able to afford it.”

Saylor has also praised the recent confirmation of SEC chair Paul Atkins, deeming him “good for Bitcoin.”

Atkins, who reportedly has personal cryptocurrency holdings valued at up to $6 million, has committed to establishing a fair regulatory framework for digital assets.

“Through a rational, coherent, and principled approach, we will work to ensure that the United States is the best and most secure place in the world to do business,” Atkins stated during his recent swearing-in at the White House.

The specific details of upcoming regulations and their impact on Bitcoin’s valuation remain uncertain.

The post Strategy Snaps Up $1.42 B Bitcoin; Holdings Hit $37.9 B Record appeared first on Finance Newso.

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