MicroStrategy’s Aggressive Bitcoin Accumulation Continues with $286M Purchase

MicroStrategy, now rebranded as Strategy, has further solidified its position as a major Bitcoin holder by acquiring an additional 3,459 BTC for $285.8 million between April 7 and April 13, 2025. Despite Bitcoin’s struggle to reclaim the $100,000 mark, the company remains steadfast in its bullish stance under Michael Saylor’s leadership.

Strategy Acquires 3,459 More Bitcoin in $286m Move

Bitcoin treasury company Strategy, formerly known as MicroStrategy, has acquired another 3,459 BTC for $285.8 million between April 7 and April 13. Michael Saylor’s Strategy continues aggressively accumulating Bitcoin (BTC) despite the cryptocurrency’s lack of momentum to return to the $100,000 mark. In a regulatory filing with the U.S. Securities and Exchange Commission on April 14, Strategy disclosed that it had purchased the BTC using cash proceeds raised from selling nearly 960,000 MSTR shares. As of 4/13/2025, Strategy holds 531,644 BTC acquired for ~$35.92 billion at ~$67,556 per bitcoin.

Swedish MP Calls for Review of National Bitcoin Reserve

A Swedish Member of Parliament has officially requested a review on the establishment of a national strategic Bitcoin reserve. This proposal aims to assess the potential benefits and risks of adding Bitcoin to the country’s financial strategy. The move reflects growing interest in digital assets and their role in strengthening national economies. If approved, the review could mark a significant shift in Sweden’s approach to cryptocurrency and its potential as a reserve asset.

Metaplanet Boosts Bitcoin Bet With Additional $26 Million Purchase

Metaplanet, a Tokyo-listed firm, has bought an additional 3.78 billion yen ($26.3 million) worth of BTC amid macroeconomic turmoil. The firm disclosed on Monday that it purchased an additional 319 BTC for about $26.3 million at an average price of ¥12,849,780 ($82,549) per Bitcoin. This brought its total holdings to 4,525 BTC, acquired for about $386.3 million. Based on market prices, the firm’s 4,525 BTC is currently worth around $382.2 million. Metaplanet has been buying the apex crypto since announcing its Bitcoin strategy in April 2024 and currently ranks as the world’s ninth-largest publicly traded corporate holder.

Bitcoin Drops Amid Unprecedented Liquidation Imbalance

On April 13, Bitcoin surpassed $86,000 before experiencing a sudden decline below $84,000 without any apparent macroeconomic or exogenous factors. This sharp turnaround is attributed to an unprecedented imbalance in liquidations, with $52 million in long positions versus only $15 million in shorts, marking a difference of 346%. This anomaly highlights a structural tension related to leverage in the crypto markets, where excess speculative optimism has made the markets particularly sensitive to internal corrections. The incident underscores the volatile nature of Bitcoin and the impact of Leveraged trading on its price dynamics.

Apple Stock and Bitcoin Gain on Tariff Reprieve

U.S. stocks opened higher to start the week, with Wall Street reacting positively to the latest tariff news. Tech stocks, including Apple (AAPL), Nvidia (NVDA), and Dell (DELL), saw gains as the Trump administration excluded consumer electronics from the announced tariffs. The S&P 500 opened with a 1.7% gain, while the Dow Jones Industrial Average rose more than 460 points. Among cryptocurrencies, Bitcoin also bounced back. Investors are bracing for a busy week of earnings and potential developments in the tariff landscape.

Bitcoin Mining Profitability Down 7.4% in March

Bitcoin (BTC) mining profitability fell 7.4% in March due to an 11.2% decline in the average Bitcoin price and a 9.1% drop in transaction fees, according to a research report by investment bank Jefferies. U.S.-listed miners mined 3,534 Bitcoin in March versus 3,002 in February, accounting for 24.8% of the total network last month. MARA Holdings (MARA) produced the most bitcoin in March with 829 tokens, followed by CleanSpark (CLSK) with 706 BTC. Looking at April, Jefferies noted bitcoin is broadly unchanged while the S&P 500 stock index showed different trends.