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MicroStrategy Accelerates in Bitcoin: Will Make Another Purchase Worth 21 Billion Dollars! - Coin Bulletin
Strategy (MSTR), known for Crypto investments, announced that it will conduct a $21 billion share sale to elevate Bitcoin targets for a massive buy out.
The world's largest institutional Bitcoin (BTC) investor, Strategy (formerly known as MicroStrategy), reported a $4.2 billion loss in the first quarter of 2025, falling short of expectations. According to the data disclosed by the company, Strategy holds a total of 553,555 BTC, having purchased these assets at an average of $68,459, bringing the total cost to $37.9 billion. The current market value of its Bitcoin assets is estimated to be around $52 billion.
The company has raised its previously announced targets for 2025, increasing the BTC Yield target from 15% to 25% and the BTC earnings target from 10 billion dollars to 15 billion dollars. BTC Yield is used as a key indicator measuring the performance increase per share of the company's Bitcoin assets.
New purchases will continue
The most striking move of the Strategy was the announcement of a 21 billion dollar at-the-market (ATM) stock sale for new Bitcoin purchases. The company aims to further increase its Bitcoin reserves with this massive funding.
The Chairman of the Strategy Board, Michael Saylor, stated that the company is committed to its Bitcoin strategy and will continue to buy out Bitcoin despite the recent price declines. Saylor sent a clear message to the markets by saying, "Our business model is based on tokenizing Bitcoin. We will continue to buy Bitcoin."
The company's CEO, Phong Le, stated that they aim to increase shareholder value while expanding reserves through Bitcoin-based capital management. This determination of Strategy is seen as an important development that strengthens the trend of approximately 70 publicly traded companies adopting Bitcoin as a reserve asset worldwide.