Strategy, the World's Top Corporate Bitcoin Holder, Drops $555.8M on 6,556 BTC Amid Soaring Prices

Breaking News: Strategy Goes Big on Bitcoin Again!

Hold onto your hats, crypto fans! Strategy, the heavyweight champ of corporate Bitcoin holders, just shelled out a whopping $555.8 million for 6,556 BTC right after the crypto smashed through its monthly peak of $87,400. That's right, they're betting big when Bitcoin's on fire!

Strategy's Bold Move Detailed in SEC Filing

Straight from the horse's mouth—a regulatory filing sent to the U.S. Securities and Exchange Commission on April 21—Michael Saylor's revamped powerhouse, Strategy (formerly known as MicroStrategy), snagged those 6,556 BTC at roughly $555.8 million. And get this, they're sitting pretty with a 12.1% BTC Yield so far in 2025!

How Did They Fund This Crypto Spree?

Strategy didn't just pull this cash out of thin air. They used the moolah raked in from their Common ATM and STRK ATM. Here's the lowdown: Common ATM is all about selling their regular stock directly to the market, while STRK ATM is where they dish out their preferred STRK stock. Both are slick moves to drum up capital on the fly.

Strategy's Bitcoin Empire Grows

With this latest haul, Strategy's Bitcoin stash has ballooned to a mind-boggling 538,200 BTC, now valued at around $36.47 billion. That means they've been picking up each BTC at an average of $67,766. Talk about stacking sats!

Bitcoin's Wild Ride Continues

In the last 24 hours, Bitcoin didn't just flirt with its monthly high—it smashed right through it, hitting $87,638. The last time it flirted with numbers above $87,400 was back on March 28, before taking a nosedive in early April.

Current Market Buzz

As we speak, BTC is up over 3.5% and trading at a sizzling $87,273. The market's buzzing, and Strategy's clearly not missing out on the action.

Strategy's Recent Bitcoin Buying Spree

Just a week before this blockbuster buy, Strategy wasn't shy either, snapping up 3,459 BTC for $285.8 million between April 7 and April 13. Back then, Bitcoin was still licking its wounds, struggling to climb back to its $100k glory days.

Financial Pressures Looming Over Strategy

But it's not all sunshine and rainbows. Early April saw Michael Saylor's software giant hinting at possibly selling off their Bitcoin treasure to settle some hefty financial debts. If they can't rustle up cash through stocks or loans, selling Bitcoin might be their only play.

The Financial Strain

And the stakes are high. Strategy's sitting on a mountain of debt—around $8 billion—plus they're feeling the squeeze with $35 million in yearly interest payments and $150 million in annual dividends. The pressure's on, but Strategy's still playing the long game with Bitcoin.