- MicroStrategy expanded its Bitcoin treasury to 553,555 BTC after investing $1.42 billion at an average price of $92,737.
- Fresh MSTR and STRK share sales raised $1.44 billion, directly funding the purchase of 15,355 additional bitcoins.
- Whale wallets boosted accumulation as CRSI surged past 99, reflecting intense institutional buying pressure on Bitcoin.
MicroStrategy confirmed it purchased 15,355 bitcoins last week, investing about $1.42 billion at an average price of $92,737 per BTC, bringing its total holdings to 553,555 BTC valued at roughly $52.7 billion. Market observers are closely monitoring this aggressive accumulation as Bitcoin supply tightens and institutional interest grows.
Ongoing Bitcoin Accumulation and Strategic Financing
MicroStrategy ramped up its Bitcoin accumulation through fresh sales of MSTR and STRK shares last week. As reported by Lookonchain, from April 21 to 27, the firm raised $1.44 billion through at-the-market offerings. The new capital allowed for the immediate purchase of 15,355 BTC, boosting the firm’s crypto reserves.
During this period, MicroStrategy utilized its Common ATM and STRK ATM programs to execute the financing plan. The Common ATM generated $1.40 billion, while STRK share sales contributed an additional $37.5 million in proceeds. Proceeds from both instruments were reinvested directly into Bitcoin, underscoring the firm’s integrated financial strategy.
Official Announcement Details MicroStrategy’s Strategic Vision
In the official announcement by MicroStrategy, the company reaffirmed its commitment to Bitcoin as its primary treasury asset. MicroStrategy structured its asset exposure using proceeds from both ATMs, maintaining custody through secure institutional-grade wallets. The strategic objective remains clear: maximize Bitcoin holdings while leveraging equity issuance without assuming debt exposure.
That said, the situation may develop differently if broader market liquidity shifts or regulatory constraints evolve in 2025. At the same time, another key trend is emerging among corporate entities that increasingly mirror MicroStrategy’s crypto-heavy treasury strategies. This change has led to significant outcomes, positioning MicroStrategy among the most aggressive institutional Bitcoin accumulators globally.
Market Reactions and Technical Signals Following the Purchase
According to Alva, whale wallets have increased Bitcoin accumulation activity following MicroStrategy’s announcement. At the same time, exchange reserves continued to shrink, suggesting stronger holding behavior among institutional investors. The market’s CRSI metric climbed above 99, signaling short-term overbought conditions but ongoing strong underlying demand.
Another critical factor to consider is the recent technical behavior identified in Bitcoin’s price action. Despite strong MACD momentum earlier, bearish crossovers emerged, hinting at possible volatility near the $95,000 resistance level. However, no ETF inflows or outflows were recorded on April 28, indicating neutral sentiment from larger fund managers.
