Strategy just dropped $555.8 million on Bitcoin, as if it were pocket change, adding another 6,556 BTC to their already massive stack.

They picked these coins up at an average price of $84,785 between April 14-20, proving once again that no price is too high for Michael Saylor.

The company now holds a mind-boggling 538,200 BTC – that's over 2.5% of all Bitcoin that will ever exist.

The Bitcoin Vacuum Cleaner

Strategy involves buying Bitcoin faster than miners can produce it, funding these purchases by selling stock at a rapid rate.

They offloaded 1.76 million shares of Class A common stock for $547.7 million and another 91,000 shares of their preferred stock for $7.8 million.

This isn't a one-off either – they've grabbed 91,800 BTC since January, which is 17% of their entire holdings in just four months.

Their average purchase price is $67,766 per coin, providing a comfortable cushion even if Bitcoin were to take a nosedive.

Saylor's conviction makes diamond hands look like paper by comparison.

The Institutional On-Ramp

Over 13,000 institutions and 814,000 retail accounts now have Bitcoin exposure just by holding Strategy stock.

An estimated 55 million people have indirect exposure through pensions, ETFs, and mutual funds that contain MSTR.

Strategy has essentially become a Bitcoin ETF with additional steps, offering a regulatory-friendly gateway to the orange coin.

The announcement was perfectly timed with a broader market recovery, with whales also accumulating at 2025 highs.

Large holders are withdrawing coins from exchanges in a move to cold storage, indicating that long-term safekeeping is on everyone’s mind.

The Corporate Copycat Effect

Strategy's Bitcoin obsession is catching on across the corporate world like an infectious meme.

Corporations and governments now collectively hold over 3.16 million BTC – that's 15% of the circulating supply locked up in treasuries.

Even Japanese firm Metaplanet is getting in on the action, grabbing another 330 BTC to bring their total to 4,855 coins.

They are now Asia's largest public Bitcoin holder, although still a minnow compared to Saylor's whale-sized position.

Every company that follows Strategy's lead tightens the supply squeeze a little more.

The Money Printer Isn't Stopping

Strategy still has $1.53 billion in common stock and nearly $21 billion in preferred shares that they can issue to buy even more Bitcoin.

That's enough firepower to acquire another 258,000 BTC at current prices if they decided to go all-in tomorrow.

Saylor has made it clear their target is $42 billion in Bitcoin by 2027, regardless of what price does in the meantime.

At this rate, they'll own 3% of all Bitcoin before most people even understand what it is.

Their treasury strategy is less about diversification and more about accumulation at any cost.

Serious Numbers All Around

Strategy's Bitcoin investments are up 12.1% year-to-date, outperforming most tech stocks despite all the market turbulence.

Their stock (MSTR) jumped another 2.77% in pre-market trading on the news because investors now see it as a leveraged Bitcoin bet.

People who thought Saylor was crazy for going all-in on Bitcoin back in 2020 are now watching from the sidelines as Strategy's balance sheet explodes.

The company has transformed from a forgotten enterprise software firm to the world's most aggressive Bitcoin accumulator in just five years.

Everyone laughed at Saylor's conviction until it began to work.

The Supply Shock Is Real

As more Bitcoin moves from exchanges to corporate treasuries, the available supply for trading shrinks dramatically.

Strategy alone has removed 0.5 million BTC from circulation – coins that won't see the market again until Bitcoin's price has at least another zero.

This accumulation is occurring while retail interest remains relatively low compared to previous cycle peaks.

Imagine what happens when retail FOMO kicks in, but there's barely any Bitcoin left on exchanges to buy.

The corporate buying trend is setting up one of the biggest supply squeezes in Bitcoin's history, and Strategy is leading the charge.