BTC Climbs Above $83k as Strategy Splashes Another $1.92B on Bitcoins

Twitter icon  •  Published vor 1 Tag on April 1, 2025  •  Hassan Maishera

BTC is now trading above $83k again following its bearish weekend, with Strategy purchasing over $1.9 billion worth of bitcoins.

BTC Climbs Above $83k as Strategy Splashes Another $1.92B on Bitcoins

TL;DR

  • Bitcoin is trading above $83k after dropping to the $81k region over the weekend.

  • Michael Saylor’s Strategy purchased over 22k bitcoins for $1.92 billion.

Bitcoin Now Above $83k

The cryptocurrency market began the week positively, following its poor performance over the weekend. Bitcoin, the leading digital asset by market cap, added 1% to its value on Monday and is now trading above $83k.

At press time, Bitcoin’s price stands at $83,004 and could rally higher in the near term to continue the recovery. 

As in the past few weeks, Michael Saylor’s Strategy took advantage of the dip to add more bitcoins to its reserves. The company announced on Monday that it acquired 22,048 BTC for $1.92 billion at $86,969 per bitcoin and has achieved a BTC Yield of 11.0% YTD 2025. Following this latest acquisition, Strategy holds 528,185 $BTC acquired for $35.63 billion at $67,458 per bitcoin. 

Major altcoins are also in the green following the weekend’s bearish performance. Ether is looking to reclaim the $1,900 mark after adding 2% to its value over the last 24 hours. Dogecoin, Cardano, and Tron are all up by more than 1%, while BNB and XRP added less than 1% to their values on Monday.

Toncoin (TON) is the best performer among the top 20 cryptocurrencies by market cap, surging by 5% to now trade above $4 per coin. Thanks to the latest positive performance, the total cryptocurrency market cap now stands at $2.68 trillion.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.