Strategy acquires an additional 6,556 Bitcoin (BTC) in the past week

Strategy announced another acquisition of 6,556 Bitcoin (BTC) for the week of April 14-20. The purchase coincided with a recovery for BTC above $87,000. 

Strategy has renewed its buying streak for Bitcoin (BTC), this time with a mid-range allocation. The company bought 6,556 BTC for the week of April 14-20 after a placement for common stock and STRK preferred stock. In the past quarter, Strategy continued with new purchases every 7-10 days, rarely skipping a week, despite expectations of a temporary hiatus of new purchases. 

The new purchase was valued at $555.8M, with an average purchase price per BTC at $84,785. After the latest purchase, Strategy is left with 538,200 BTC, valued at over $36.4B. The treasury expansion achieved an average BTC purchase price of $67,766, still with sufficient leeway compared to current market prices. 

Strategy has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, we hodl 538,200 $BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin. $MSTR $STRK $STRFhttps://t.co/Drmb6g2D36

— Strategy (@Strategy) April 21, 2025

The purchase was achieved after the successful allocation of $547.7M in common stock, with an additional sale for STRK preferred stock valued at $7.8M. No STRF stock were sold in the past round, and Strategy did not use any other debt facilities. The allocation follows another recent weekly purchase of 3,459 BTC.

The purchase arrived after MSTR stock had recovered to $321.20, trading in the middle of its range for the past six months. Just days before the filing of the SEC form, Executive Chairman Michael Saylor hinted at more purchases, which have happened at multiple price ranges. 

In the year to date, Strategy’s purchases have achieved a yield of 12.1%, outperforming other big tech stocks. The recent purchase surpasses the previous small stock placement, showing optimism for MSTR despite the risk of leveraged buying. Strategy has $1.53B remaining in common stock sales, as well as $20.96B in STRK preferred shares. The pace of new buying remains uncertain and hinges on both the stock and crypto market conditions. 

After the purchase announcement, BTC traded at $87,169.29, as the entire crypto market went through an overnight recovery. The trading sentiment remains fearful, which does not affect plans for spot buying and holding BTC.

Strategy sparks expansion of BTC treasuries

The recent series of weekly purchases by Strategy expanded overall corporate treasuries. Corporations and governments now hold over 3.16M BTC, joining the trend of whale acquisitions and taking coins off the market. 

The BTC purchases did not stop even during the recent turbulent market, along with other signs of whale accumulation. The Strategy announcement coincided with another purchase by Japanese company Metaplanet, which added another 300 BTC to its portfolio. 

*Metaplanet Purchases Additional 330 $BTC* pic.twitter.com/Gkjp7wUi4S

— Metaplanet Inc. (@Metaplanet) April 21, 2025

Holders of actual BTC are still exposed to price fluctuations. For some analysts, the market is oversupplied with ‘paper’ BTC based on leveraged trades. However, real tokens remain valuable and even more scarce as supply is taken out of exchanges and OTC desks.