Crypto Whale Gobbles Up $1.4B in Bitcoin—Now Holds 550,000 BTC

Another day, another nine-figure Bitcoin splurge from the institutional playbook. This time? A cool 15,355 BTC added to the vault—paid for with what amounts to pocket change for hedge funds (just $1.4 billion, no big deal).

Holdings now top half a million coins—enough to make even Satoshi raise an eyebrow. Meanwhile, traditional finance bros are still arguing about bond yields.

Pro tip: When your ’hedge’ starts eating the entire market, maybe reconsider your strategy. Or just keep stacking sats—we’re not here to judge.

Acquisition funding

Proceeds from the sale of its Class A common stock and perpetual preferred stock funded the latest acquisitions. Between April 21 and April 27, Strategy sold approximately 4 million shares of MSTR for about $1.4 billion, while also selling over 435,000 STRK shares for $37.5 million. 

Only $128.7 million worth of MSTR shares remain available for issuance under the company’s existing program.

The move comes a week after Strategy added 6,556 BTC for $555 million, signaling the company’s continued aggressive approach to growing its Bitcoin treasury.