Strategy, formerly MicroStrategy, confirmed another purchase of 3,459 Bitcoin, further adding to its BTC holdings. This move by the Michael Saylor-led firm reinforces its commitment to purchasing the top crypto by market cap. Additionally, the purchase cements the firm’s position as the leading institutional holder of BTC. 

Besides Strategy’s Bitcoin purchase, Metaplanet which is dubbed the “Japanese MicroStrategy” also announced more BTC purchases on Monday April. 14, 2025. The two firms have been pushing for institutional adoption of cryptocurrency and their move could spark a Bitcoin rally towards $100,000. 

Strategy’s $285.8 Million-Worth Bitcoin Purchase

As announced on Monday April 14, Saylor’s Strategy purchased 3,459 Bitcoin at a value of $285.8 million. The company made this acquisition public through a filing with the U.S. Securities and Exchange Commission (SEC). Furthermore, this is the third week in a row that the firm has purchased Bitcoin. 

According to the press release by Strategy, the 3,459 BTC were purchased at an average price of $82,600. Strategy currently holds a total of 531,644 BTC worth around $45.2 billion based on the price of BTC as of the time of the filing. 

Strategy’s BTC purchase also corresponded with the rise of tech stocks. Nasdaq stock prices rose by 1.5% after the United States unveiled its decision to exclude smartphones and computers from the new Chinese product tariffs. Additionally, the value of the MSTR stock rose by 4% on Monday as it stood at $312. 

MSTR Stock Rises as Strategy Continues BTC Accumulation

The continued aggressive Bitcoin adoption implemented by Strategy has been impacting its MSTR stock prices. Notably, the firm confirmed that under its previously announced at-the-market sale program, it made close to one million Class A shares sale. 

Launched in October 2024, the offering gives Strategy an opportunity to obtain $2 billion in equity capital. Additionally, the firm possesses the ability to issue preferred perpetual stock through this same initiative. 

Furthermore, the recent purchase by Strategy shows that the firm is back to buying Bitcoin after taking a short break from Bitcoin acquisitions two weeks ago. Strategy has generated 11.4% Bitcoin return year-to-date as per its latest announcement. 

Strategy Holds Over 2.5% of Total Bitcoin Supply

Strategy began purchasing Bitcoin in 2020. Ever since its initial purchase back in 2020 the entity has grown to become the leading public holder of this asset. The 531,644 BTC held by Strategy is now over 2.5% of Bitcoin circulating supply. 

The institutional Bitcoin Treasuries database reveals that Marathon Digital occupies the second position after Strategy with a possession of approximately 47,500 BTC. Strategy holds the largest collection of corporate Bitcoin investments surpassing all other investors in the market. 

Since last week, Bitcoin has experienced over 7% price boost. As of the time of this writing, BTC was trading at $84,464.07 based on Coinmarketcap data. The price is now steady since Trump’s 90-day tariff pause. 

Metaplanet Continues to Follow in the Footsteps of Strategy

Metaplanet which follows in the footsteps of Strategy’s BTC purchase also disclosed its Bitcoin acquisition. The CEO of Metaplanet Simon Gerovich, announced the firm’s recent acquisition of 319 BTC on Monday April 14. This purchase by the Tokyo-based investment firm was worth $27 million and was made at an average price of $82,549 per token. 

Metaplanet now holds a total of 4,525 BTC which is worth approximately $386.3 million. As confirmed by Gerovich, the firm’s BTC purchases average around $85,366 per BTC and “has achieved BTC Yield of 108.3% YTD 2025.” The firm now sits at the tenth position among public organizations that hold Bitcoin. 

Expert Criticizes Strategy’s BTC Purchases

The continuous acquisition spree and market engagement initiatives from Strategy demonstrates the firm’s persistence in adopting Bitcoin as an investment reserve asset. However, experts have criticized the BTC accumulation by Strategy. Particularly, Peter Schiff (a notable economist) warned that Strategy’s average purchase price per BTC is increasing and that this could lead to losses if BTC drops.

“The big problem is that your average price keeps rising as the price of Bitcoin keeps falling. At the moment you still have about a 25% paper gain. By soon your average cost will be above the market price, meaning your entire Bitcoin position will be held at a loss,” Schiff wrote on X. Nonetheless, Schiff’s statements serve as crucial criticism which highlights the risks of investing in digital assets.