"Orange Surge" Sounds: MicroStrategy Acquires Another 3,459 BTC, Holdings Exceed 530,000 in a Deep Strategic Layout

Original title: No tariffs on orange dots': Strategy acquires another 3,459 bitcoin for $286 million, bringing total holdings to 531,644 BTC

Original author: James Hunt

Original source:

Compiled by: Daisy, Mars Finance

"Orange signal without resistance": The strategy company has once again purchased 3,459 BTC for $286 million, bringing the total holdings to 531,644 BTC.

A strategy company has purchased 3,459 BTC for approximately $285.8 million in cash, at an average price of $82,618 per coin—bringing their total holdings to 531,644 BTC.

The Bitcoin reserve company Strategy (formerly MicroStrategy) purchased an additional 3,459 BTC for approximately $258.8 million between April 7 and April 13, with an average price of $82,618 per BTC, according to an 8-K filing submitted to the U.S. Securities and Exchange Commission on Monday.

Michael Saylor, the co-founder and executive chairman of the company, stated that Strategy currently holds a total of 531,644 BTC (valued at over $45 billion), with an average purchase price of $67,556 per BTC, resulting in a total cost of approximately $35.9 billion (including expenses). This amount represents over 2.5% of the total supply of 21 million Bitcoins.

The latest acquisition funds come from the proceeds of the sale of its Class A common stock MSTR. Last week, Strategy sold 959,712 shares of MSTR for approximately $285.7 million. The company stated that as of April 14, there were still $2.08 billion worth of MSTR shares available for issuance under this plan. Last week, Strategy did not sell any STRK shares, and there are still $20.97 billion worth of STRK shares available for issuance under this plan.

The STRK and STRF perpetual preferred stocks of Strategy are a supplement to its initial "21/21 plan", which aims to raise $42 billion for Bitcoin acquisitions through equity issuance and fixed income securities.

Saylor hinted again on Sunday that he might submit a new round of Bitcoin acquisition documents ahead of schedule, and wrote in the Strategy's Bitcoin purchase tracker update: "Orange signal no resistance".

Strategy disclosed a nearly $6 billion unrealized loss for the first quarter.

Previously, from March 24 to 30, Strategy purchased 22,048 BTC for approximately $1.9 billion in cash (average price of $86,969 per BTC), bringing its total holdings to 528,185 BTC.

The company subsequently suspended the acquisition in the first week of April and reported an unrealized loss of $5.91 billion for the first quarter—having purchased 80,715 BTC for approximately $7.66 billion during the quarter (at an average price of about $94,922 per coin).

According to data from The Block's Bitcoin price page, Bitcoin recorded its worst quarterly performance since 2018 in the first quarter, falling nearly 12%.

Despite the impairment, Strategy's market value of $79.9 billion still has a significant premium over its net asset value in Bitcoin, and some investors continue to express reservations about the company's NAV valuation premium and the increasing number of Bitcoin acquisition plans.

However, analysts at brokerage firm Bernstein pointed out that due to a debt ratio of less than 13% and no payment due before 2028, the company's leverage remains controllable. Recently, they predicted that Strategy's Bitcoin holdings could double to over 1 million BTC by the end of 2033.

After a week of global market turmoil triggered by Trump's tariff policy, Strategy's Class A common stock MSTR closed up 10.2% at $299.98 last Friday, with a cumulative increase of 15.3% for the week. According to TradingView data, MSTR is currently up 3.3% in pre-market trading on Monday.

According to The Block's Strategy price page, after a massive increase of over 568% in 2024, MSTR faces a more challenging trend in 2025. However, last week's gains have brought its year-to-date performance close to the break-even line.