Michael Saylor’s Strategy Bagged 6,556 Bitcoin For $555.8mn Last Week

By Kapil Rajyaguru

Michael Saylor’s Strategy Bagged 6,556 Bitcoin For $555.8mn Last Week.

Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio.

Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission.

The latest purchase accounts for 1.2% of Strategy’s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an average price of $67,766 per BTC.

Strategy has acquired 91,800 Bitcoin so far in 2025, accounting for 17% of its total BTC holdings.

Paul Atkins’ Loosely Linked RSR Token Rises 13% After Coinbase Listing.

A governance token for the Reserve Protocol stablecoin, launched by a firm previously advised by sworn-in SEC Chair Paul Atkins, has surged over 13% after crypto exchange Coinbase announced that it will list the token.

The Coinbase listing, combined with the news of Atkins officially being sworn in as SEC chair on April 21, pushed the token up 13.6% to a near two-month high of $0.00835 on April 22, CoinGecko data shows.

Atkins takes over from Mark Uyeda, who has been the SEC’s acting chair since Jan. 20, when former chair Gary Gensler stepped down.

Coinbase Derivatives Lists XRP Futures.

Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21.

The contracts are overseen by the US Commodity Futures Trading Commission (CFTC) and offer traders “a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” the company said in a post on the X platform.

Coinbase’s XRP futures include standard contracts representing 10,000 XRP and retail-oriented “nano” contracts representing 500 XRP each, or approximately $1,000 as of April 21, according to regulatory filings.

Tether Mints $10bn USDT on TRON in 2025.

Tether, Inc. has resumed USDT minting on the TRON network, adding a total of $10 billion in the stablecoin since the start of 2025.

The latest mint included $1 billion USDT, which was transferred from a black hole address to the Tether multisig minting wallet, and then to the Tether Treasury. Such liquidity will be used to increase trading volumes on several platforms.

TRON currently has in its possession more than 69.71 billion USDT held in over 64 million wallets, with a total of over 9 million active wallets in March only.

TRON has also become the leading blockchain by fees earned, overtaking Solana with $1.2 million in network fees per day.