In a surprising turn of events, Michael Saylor’s Strategy has officially made the smallest Bitcoin purchase recorded in its history. On March 17, 2025, the firm announced the acquisition of just 130 Bitcoin (BTC) for approximately $10.7 million, translating to an average price of $82,981 per BTC. This acquisition comes at a time when Bitcoin prices have plunged to multi-month lows, dropping below $80,000, raising questions about the firm’s strategy moving forward.
Strategy, recognized as the world’s largest public corporate Bitcoin holder, has made significant investments in Bitcoin since its inception in 2020. The latest buy is markedly smaller than previous acquisitions, with the firm’s first major investment in August 2020 amounting to 21,454 BTC for $250 million. This latest purchase is not only a departure from their usual scale but also highlights the firm’s intention to raise more capital through their newly launched STRK ATM program, aimed at accumulating additional BTC amounting to up to $21 billion.
With the latest purchase, Strategy’s total Bitcoin holdings stand at 499,226 BTC, positioning them just 774 BTC shy of their target of 500,000 BTC. This places them in an interesting position under current market conditions, especially since they acquired these Bitcoin at an average rate of about $66,360 per BTC when accounting for all expenses and fees.
Despite this strategic move, there are concerns regarding the firm’s Bitcoin yield, which currently stands at 6.9%—far below their goal of 15% for 2025. As the firm navigates these challenges, the implications of their recent buying decisions could significantly impact their long-term strategy and overall market sentiment towards Bitcoin investments.
The latest acquisition continues to raise eyebrows, especially considering the broader market trends. With Bitcoin experiencing such notable price drops, this smallest purchase signals a potential shift in corporate strategies towards cryptocurrency. As the firm gears up for its next moves, many will be watching closely to see if they can rebound and align more closely with their ambitious targets.
