Michael Saylor’s Strategy added to its massive Bitcoin stash last week as the cryptocurrency surged above $90,000.

In an April 28 announcement, Strategy reported acquiring 15,355 Bitcoin (BTC) between April 21 and 27.

The latest purchases cost Strategy $1.42 billion at an average price of $92,737 per BTC, increasing the company’s aggregate BTC holdings by roughly 3% to a total of 535,555 BTC worth more than $50 billion.

An excerpt from Strategy’s Form 8-K filing with the United States Securities and Exchange Commission. Source: Strategy

Strategy’s latest buy is its largest since late March, when the firm bagged 22,048 Bitcoin for $1.92 billion at an average price of $86,969 per BTC.

Strategy’s Bitcoin yield is at 13.7%

Announcing the purchase on X, Strategy co-founder Saylor said the firm has achieved the BTC yield of 13.7% year-to-date.

“As of April 27, we hodl 553,555 BTC acquired for approximately $37.90 billion at $68,459 per Bitcoin,” Saylor noted.

Source: Michael Saylor

Strategy’s BTC yield — an indicator representing the percentage change of the ratio between its BTC holdings and assumed diluted shares — amounted to 74% in 2024.

The company expects to reach a BTC yield target of 15% in 2025.

“You can still buy BTC for less than $0.1 million”

Strategy’s Bitcoin purchase came as the cryptocurrency caught significant bullish action last week, surging 8% from around $87,000 to nearly $94,000 in the period from April 21–27, according to data from CoinGecko.

Bitcoin traded at $95,442 at the time of writing, slightly above its price on Jan. 1, but still lower than its all-time high price above $109,000 seen on Jan. 21.

As Strategy beefed up its Bitcoin stash alongside a BTC rally, Saylor continued posting bullish messages to the community on social media.

Related: Over 13K institutions exposed to Strategy as Saylor hints at BTC buy

“You can still buy BTC for less than $0.1 million,” Saylor wrote on April 25.

In another X post preceding the purchase announcement, Saylor said: “Stay humble. Stack sats [satoshis].” He linked the message to a screenshot of Strategy’s portfolio tracker reflecting the company’s BTC purchases on the timeline of the price chart.

Source: Michael Saylor

The news comes as Strategy is inching toward a $100 billion market capitalization, with MSTR shares surging roughly 23% YTD and trading at $368.7 at the time of publication, according to data from TradingView.

Magazine: Bitcoin $100K hopes on ice, SBF’s mysterious prison move: Hodler’s Digest, April 20 – 26