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Cryptocurrency

Strategy to buy $1.42 billion worth of Bitcoin, Bitcoin price surges over $95,000

The world’s largest corporate Bitcoin holder announced in a 8-K filing on Monday that it purchased 15,355 BTC at an average price per bitcoin between April 21 and April 27, 2025, at an average price of $92,737. The acquisition is funded through the company’s earnings in the market (ATM) stock, which raised $1.44 billion through the sale of common stock and preferred stock.

The strategy’s total Bitcoin holdings are now worth more than $52 billion, with an average purchase price of $68,459 per Bitcoin. The company has accumulated about 2.64% of the maximum supply of 21 million coins in Bitcoin.

The company reported that during this period, there were 4,020,000 common shares and 435,069 shares of its 8.00% Series A shares.

The latest purchase is due to Bitcoin transactions exceeding $95,000 and supported by a large number of institutions flowing into spot Bitcoin ETFs and improving macro conditions. The active accumulation of strategies is consistent with the increasing mainstream adoption of Bitcoin as a Treasury bond asset.

According to the document, the strategy almost exhausted the $21 billion common stock ATM program launched in October 2024, with only $128.7 million remaining for issuance. The Srk’s preferred stock program was established in March 2025 and still has $20.92 billion available.

Bitcoin’s price showed resilience above the critical psychological level, trading at $95,304 at press time, up 1.59% over the past 24 hours. Bitcoin has benefited from several positive catalysts, including President Trump’s signal on reducing tariffs on China’s imports and the pro-Cletopto stance of new SEC Chairman Paul Atkins.

The strategy continues to buy Bitcoins reflects growing institutional confidence in asset classes. The company has maintained its position as the largest public holder of Bitcoin and now its shares account for a large part of the total revolving supply.

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