Strategy Buys 34,164 Bitcoin for ₱152.12 billion ($2.54 billion), Crosses 800K BTC
Strategy CEO Michael Saylor announced a ₱152.12 billion ($2.54 billion) Bitcoin purchase between April 13-19, bringing the company's total holdings to 815,061 BTC. The acquisition marks the company's continued accumulation strategy as it maintains its position as the world's largest public Bitcoin holder.
Key Takeaway
Strategy's 815,061 Bitcoin position now represents over $61 billion in total investment at an average cost basis of $75,527.
Strategy CEO Michael Saylor teased the purchase on Sunday before filing the 8-K with the SEC on Monday.
The company spent ₱152.12 billion ($2.54 billion) acquiring 34,164 BTC, paying an average of $74,395 per Bitcoin, slightly below its overall cost basis of $75,527 per coin. Strategy held 780,897 BTC before this latest buy, having completed a ₱59.89 billion ($1 billion) purchase just one week earlier.
Strategy's November 2024 buys remain its largest on record. The company acquired 55,500 BTC in one purchase and 51,780 BTC in another during that month, both significantly larger than last week's transaction.
Paul Atkins was sworn in as SEC chair on April 21, 2025, exactly one year ago today. His first 12 months leading the commission marked a sharp shift toward favorable crypto regulation compared to the Biden administration's approach under Gary Gensler, who resigned in January 2025. Mark Uyeda served as acting chair before the Senate confirmed Atkins.
The regulatory shift started with Donald Trump's 2024 campaign promises to remove Gensler, create a national Bitcoin stockpile, and oppose a US central bank digital currency. Trump won in November 2024 and delivered on the SEC leadership change.
Strategy disclosed plans for twice-monthly STRC dividends on Friday, adding another use case for its Bitcoin-backed strategy, with the company's 815,061 BTC position representing over $61 billion in total investment.
This article was written based on reporting from Cointelegraph.
