In a significant move within the cryptocurrency market, Michael Saylor’s company, Strategy (formerly MicroStrategy), has expanded its Bitcoin holdings with the acquisition of 6,911 BTC for a staggering $584.1 million. This recent purchase elevates the company’s total Bitcoin reserves to over 506,137 BTC, solidifying its position as one of the largest corporate holders of Bitcoin in the world.
According to a disclosure filing with the U.S. Securities and Exchange Commission, the acquisition was made at an average price of approximately $84,529 per Bitcoin. As of March 24, 2025, Bitcoin is trading at around $87,500, reflecting a growing confidence in the cryptocurrency’s long-term potential. This acquisition not only enhances Strategy’s treasury but also marks a year-to-date yield of 7.7% on its Bitcoin investments.
This monumental purchase aligns with Strategy’s ongoing strategy to accumulate Bitcoin, even amidst a fluctuating market and macroeconomic uncertainties. Earlier this month, the company announced plans to raise $21 billion through offerings of its class A strike preferred stock to further bolster its investment portfolio. The proceeds from this capital raise will contribute toward general corporate operations, among which further Bitcoin purchases are projected to feature prominently.
- Bitcoin Yield: 7.7% YTD in 2025
- Total BTC Holdings: 506,137 BTC
- Total Expenditure on Bitcoin: Over $33.7 billion
- Market Position: Holds more than 2.3% of Bitcoin supply in circulation
Despite the current market challenges, Saylor’s vision remains clear: to accumulate and hold Bitcoin as a store of value. This long-term dedication reflects a growing acceptance and adoption of Bitcoin as a legitimate asset class among institutional investors. As the cryptocurrency landscape evolves, Strategy’s commitment could serve as a blueprint for other corporations looking to delve into Bitcoin investment.
In conclusion, Michael Saylor’s latest Bitcoin acquisition marks an pivotal milestone for Strategy, establishing an impressive portfolio that emphasizes the belief in Bitcoin’s future potential. As the company navigates through the complexities of the crypto market, all eyes are on its next steps and how they will further influence the broader cryptocurrency ecosystem.
