
Crypto whale gobbles 3,459 BTC in a $286M feast!
Date: 2025-04-14 13:17:43 | By Gwendolyn Pierce
Strategy Goes All-In on Bitcoin: Snags 3,459 BTC for a Whopping $285.8 Million!
Michael Saylor's Bold Move Amid Crypto Market Fluctuations
Holy crypto surge, Batman! Strategy, the company that used to be MicroStrategy, just can't get enough of Bitcoin. They've slammed down $285.8 million to grab another 3,459 BTC in a fiery week from April 7 to April 13. These guys are playing hardball, folks!
Despite Bitcoin's struggle to hit the $100,000 jackpot, Michael Saylor's Strategy isn't sweating it. They're piling up those BTCs like there's no tomorrow. Talk about fearless investing!
In a no-nonsense filing with the SEC on April 14, Strategy spilled the beans. They shelled out $285.8 million to scoop up those 3,459 BTC, all thanks to selling off nearly 960,000 MSTR shares. Cash flow, baby!
$MSTR just went beast mode, snatching 3,459 BTC for around $285.8 million at a cool $82,618 per bitcoin. They're boasting a BTC Yield of 11.4% YTD 2025. As of April 13, 2025, @Strategy's holding strong with 531,644 $BTC bought for about $35.92 billion at an average of $67,556 per bitcoin. Boom!
Saylor hit X on Monday, dropping the bomb that his Virginia-based empire snagged Bitcoin at roughly $82,618 a pop. They're raking in an 11.4% BTC yield since the start of 2025. With this latest haul, Strategy's now clutching 531,644 BTC, costing them a cool nearly $36 billion at an average of $67,556 per coin. That's some serious crypto muscle!
But hold onto your hats, because just days before this mega-buy, Strategy hinted they might have to dump some of their Bitcoin stash if they couldn't rustle up enough cash through stocks or loans. They're sitting on about $8 billion in debt, coughing up $35 million in yearly interest and another $150 million in dividends. For Q1, they're bracing for an unrealized loss of nearly $6 billion, but hey, they're also eyeing a $1.69 billion tax perk. It's a wild ride in the world of crypto, and Strategy's steering straight into the storm!

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