{"id":127613,"date":"2025-04-21T13:19:51","date_gmt":"2025-04-21T13:19:51","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127613"},"modified":"2025-04-21T13:19:51","modified_gmt":"2025-04-21T13:19:51","slug":"michael-saylors-strategy-bagged-6556-bitcoin-for-555-8m-last-week","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127613","title":{"rendered":"Michael Saylor\u2019s Strategy bagged 6,556 Bitcoin for $555.8M last week"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsMichael Saylor\u2019s Strategy, one of the world\u2019s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.<br \/>\nStrategy acquired 6,556 Bitcoin for $555.8 million from April 14\u201320, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission.<br \/>\nThe latest purchase accounts for 1.2% of Strategy\u2019s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an average price of $67,766 per BTC.<br \/>\nAn excerpt from Strategy\u2019s Form 8-K filing. Source: StrategyThe latest Bitcoin purchase was funded using proceeds from the Common ATM and STRK ATM stock offerings, including the sale of 1,755,000 Strategy shares for $547.7 million and 91,213 shares of Series A preferred stock sold for $7.8 million.<br \/>\nStrategy expands buying after a pause<br \/>\nThe latest purchase follows Strategy\u2019s 3,459 BTC acquisition reported on April 14, which was the first announced purchase by the firm after March 31.<br \/>\nPrior to that, Strategy did not report a Bitcoin buy between March 31 and April 6, breaking its usual cadence as Bitcoin fell below $87,000.<br \/>\nStrategy has acquired 91,800 Bitcoin so far in 2025, accounting for 17% of its total BTC holdings.<br \/>\nThis is a developing story, and further information will be added as it becomes available.<br \/>\nMagazine: Your AI \u2018digital twin\u2019 can take meetings and comfort your loved ones<a href=\"https:\/\/cointelegraph.com\/news\/michael-saylor-strategy-buy-6556-bitcoin-555-8-million?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsMichael Saylor\u2019s Strategy, one of the world\u2019s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000. Strategy&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127613"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127613"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127613\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127613"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}