- Strategy now holds 538,200 BTC worth over $50B, with $13.9B in unrealized profit.
- MSTR stock outpaced Bitcoin by 57.8% after its April 21 Bitcoin acquisition.
- Strategy’s BTC strategy shows consistent buying across both crashes and rallies.
Strategy, formerly MicroStrategy, has crossed the $50 billion milestone in Bitcoin holdings after a major April acquisition. The company now holds 538,200 BTC with a dollar cost average of $67,766, reflecting over $13.9 billion in unrealized gains.
Portfolio Value Hits Historic High
The value of Strategy’s Bitcoin reserves has officially exceeded $50.41 billion, following a major addition of 6,556 BTC purchased for roughly $555.8 million. These coins were acquired at an average price of $84,785, raising the total BTC stash to 538,200 and pushing gains to $13.92 billion or 38.16%. As reported by Crypto Patel, this marks the first time a single corporation has reached this valuation threshold in digital assets alone.
Strategy’s BTC chart shows a disciplined accumulation strategy with green purchase dots scattered across both bear and bull cycles. Initial buys occurred in late 2020, with intensified buying near peaks above $40,000 and continued acquisitions through deep corrections. In a post by Crypto Patel, the dollar cost average has steadily climbed and now rests just beneath the market price.
Saylor Announces New BTC Buy
Michael Saylor announced the April 21 acquisition via his verified Twitter account, revealing Strategy’s purchase of 6,556 BTC at a premium entry of $84,785. This purchase added $555.8 million in exposure and pushed the firm’s 2025 year-to-date Bitcoin yield to a notable 12.1%. According to a report by Bitcoinsensus, Strategy’s model prioritizes long-term digital asset accumulation over short-term balance sheet volatility.
The company confirmed it uses self-custody protocols, avoiding ETFs or custodial intermediaries to reduce third-party risk. It operates under a policy of direct Bitcoin ownership, ensuring full asset control and strategic agility across market conditions. Additionally, the firm reiterated that Bitcoin remains its core treasury reserve asset, with growth tied directly to BTC’s long-term trajectory.
MSTR Shares Outpace Bitcoin Gains
Bitcoin price rose approximately 19% between April 7 and April 23, but Strategy’s equity ticker, SMSTR, surged nearly 30% in the same span. That gap translates to a 57.8% equity outperformance relative to Bitcoin’s rebound, catching the attention of institutional analysts. Market reaction suggests investors are rewarding Strategy’s aggressive positioning in digital assets as legacy equities wobble.
The current SMSTR share price stands at $348.61, reflecting a 1.79x NAV premium relative to the BTC holdings’ value. This premium signals market confidence in Strategy’s long-term asset exposure and operational leverage to Bitcoin’s price action. Moreover, continuous purchase behavior displayed on the visual timeline reinforces investor belief in the company’s thesis.
