MicroStrategy Buys 34,200 BTC, Posts $3.6B April Treasury Gain
MicroStrategy holds 815,061 BTC (3.9% of supply), valued around $62 billion after its 34,200-coin April acquisition costing $2.54 billion at an average $74,395 per BTC. The firm reported a 6.2% April BTC yield and realized a $3.6 billion gain, while Capital Group boosted stake with $747 million of MSTR shares.
1. Bitcoin Holdings Reach 815,061 BTC
MicroStrategy’s holdings stand at 815,061 BTC, representing 3.9% of the fixed 21 million supply, valued around $62 billion at BTC prices above $75,000.
2. April Acquisition Details
In April, the company added 34,200 BTC at an average cost of $74,395 each, spending $2.54 billion via its dividend-paying preferred shares, marking its third-largest acquisition.
3. April Gain and Yield Performance
MicroStrategy achieved a 6.2% bitcoin yield in the first three weeks of April and reported a $3.6 billion BTC gain, setting a new performance metric analogous to net income.
4. Capital Group Increases Position
Capital Group increased its MicroStrategy position by purchasing $747 million of shares, raising its holding to 10.33 million shares valued at $1.78 billion.