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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

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Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Breaking: Strategy Acquire 3459 Bitcoin for $285.80 Million

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Microstrategy Purchased 1,070 BTC for $101 Million

The post Breaking: Strategy Acquire 3459 Bitcoin for $285.80 Million appeared first on Coinpedia Fintech News

Strategy formerly known as (MicroStrategy) has acquired 3459 BTC for ~$285.80 billion at a price of ~$82,618 per bitcoin. Meanwhile, it has achieved a BTC Yield of 11.4% YTD 2025.

As of 04/13/2025, the firm holds 531,644 BTC acquired for $35.92 billion at an average price of ~$67,556 per bitcoin.

Strategy: Acquire 3459 BTC for $285.80M

Michael Saylor announced that Strategy bought 3459 Bitcoin between April 1-13. However, the company spent $285.80 billion, paying an average of $82,618 per Bitcoin. This came after a week of pause from its bitcoin buying. 

This shows MicroStrategy’s strong belief in Bitcoin even during escalating economic turmoil, making it one of the largest institutional buyers.

Strategy Reports $5.91B Loss in Q1

Since the beginning of Q1, Bitcoin’s price dropped from its all-time high of $109K to nearly $74K. This caused an 11.82% loss, making it the worst quarter. 

Meanwhile, due to Bitcoin’s poor performance, the Strategy reported a net loss of $5.91 billion on its Bitcoin holdings. 

One of the key reasons for the Bitcoin price drop was the global tension caused by Trump’s trade tariffs.

MSTR Stock Surges By 10%

Despite these losses, MicroStrategy’s decision to buy more Bitcoin has had a positive impact on its stock price. MicroStrategy’s stock (MSTR) surged by 10%, hovering around $300 in just 24 hours and 15% over the past week.

The bullish surge reflects growing investor confidence, especially after Trump paused tariffs for 90 days, easing some market tensions.

Crypto Market Today

The global cryptocurrency market saw a slight decline in value, hitting a market cap of $2.69 trillion. The recent market witnessed a rug pull where MANTRA, the Real-world asset token (OM) crashed by 95% in just a few hours, dropping to $0.42.

On the other hand, Pioneer Bitcoin (BTC) is trading around $84,672 struggling to break above the $86k resistance level. 

Meanwhile, other popular cryptocurrencies like Ethereum (ETH), Solana (SOL), and Tron (TRX) experienced small increases. Ethereum went up by 3.86%, Solana by 2.3%, and Tron by 4.86%.

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