Michael Saylor’s company, Strategy (formerly known as MicroStrategy), has expanded its Bitcoin holdings once again by purchasing an additional 6,911 BTC for approximately $584.1 million. This acquisition, made between March 17 and March 23, 2025, was executed at an average price of $84,529 per Bitcoin.
As a result of this purchase, Strategy’s total Bitcoin holdings have now surpassed 506,000 BTC, specifically reaching 506,137 BTC. These holdings were acquired at an aggregate cost of around $33.7 billion, with an average acquisition price of $66,608 per Bitcoin
At current market prices, this positions Strategy’s Bitcoin assets at a valuation exceeding $44 billion, representing approximately 2.4% of Bitcoin’s total capped supply of 21 million coins.
To finance this recent acquisition, Strategy raised over $700 million through the sale of perpetual strife preferred stock. This fundraising effort underscores the company’s ongoing commitment to its Bitcoin investment strategy.
This latest purchase aligns with Strategy’s broader initiative, known as the “21/21 plan”, which aims to raise $42 billion by 2027 for continued Bitcoin acquisitions. The company has been actively increasing its authorized shares to support this bold strategy, emphasizing its dedication to expanding its Bitcoin treasury.
With this move, Strategy continues to solidify its position as the largest corporate holder of Bitcoin, highlighting its strong conviction in Bitcoin’s long-term value proposition.
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