"Orange Signal No Resistance": Strategy Company Purchases 3,459 BTC Again for $286 Million, Total Holdings Reach 531,644 BTC
Strategy Company purchased 3,459 BTC again with approximately $285.8 million in cash, at an average price of $82,618 per BTC - total holdings increased to 531,644 BTC.
Bitcoin reserve company Strategy (formerly MicroStrategy) added 3,459 BTC between April 7 and April 13 for approximately $258.8 million, at an average price of $82,618 per BTC - as disclosed in an 8-K filing submitted to the US Securities and Exchange Commission on Monday.
The company's co-founder and executive chairman Michael Saylor stated that Strategy currently holds 531,644 BTC (valued at over $45 billion), with a cumulative purchase price of $67,556 per BTC, and a total cost of approximately $35.9 billion (including expenses). This amount represents over 2.5% of Bitcoin's total supply of 21 million.
The latest acquisition funds came from the sale of its Class A common stock MSTR. Last week, Strategy sold 959,712 MSTR shares for approximately $285.7 million. The company stated that as of April 14, $2.08 billion worth of MSTR stock remains available for sale under the plan. Last week, Strategy did not sell any STRK stock, with $20.97 billion of STRK stock still available for sale.
Strategy's STRK and STRF perpetual preferred shares supplement its initial "21/21 plan", which aims to raise $42 billion through equity issuance and fixed-income securities for Bitcoin acquisition.
Saylor hinted again on Sunday that he might submit a new round of Bitcoin acquisition documents, writing in Strategy's Bitcoin purchase tracker: "Orange Signal No Resistance".
Strategy Discloses Nearly $6 Billion in Unrealized Losses for Q1
Previously, between March 24 and 30, Strategy purchased 22,048 BTC for approximately $1.9 billion in cash (at an average price of $86,969 per BTC), bringing its total holdings to 528,185 BTC.
The company then paused acquisitions in the first week of April and reported unrealized losses of $5.91 billion for the first quarter - purchasing 80,715 BTC for approximately $7.66 billion that quarter (at an average price of about $94,922 per BTC).
According to The Block's Bitcoin price page, Bitcoin experienced its worst quarterly performance since 2018 in the first quarter - dropping nearly 12%.
Despite the impairment, Strategy's $79.9 billion market value still significantly exceeds its Bitcoin net asset value, with some investors continuing to have reservations about the company's NAV valuation premium and increasingly frequent Bitcoin acquisition plans.
However, Bernstein research analysts noted that with debt below 13% and no payments due until 2028, the company's leverage remains controllable, recently predicting that Strategy's Bitcoin holdings could potentially double to over 1 million BTC by the end of 2033.
In a week following Trump's tariff policies that caused global market turbulence, Strategy's Class A common stock MSTR closed up 10.2% to $299.98 on Friday, with a cumulative weekly gain of 15.3%. According to TradingView data, MSTR was up 3.3% in pre-market trading on Monday.
According to The Block's Strategy price page, after achieving a massive 568% surge in 2024, MSTR's performance has been more challenging in 2025, though last week's gains have brought its year-to-date performance closer to the break-even point.
