Strategy, the Bitcoin corporate tycoon founded by Michael Saylor, has made a significant move in expanding its Bitcoin holdings with a recent purchase of 130 BTC for approximately $10.7 million. This acquisition brings Strategy’s total Bitcoin holdings to 499,226 BTC, acquired for over $33 billion at an average price of around $66,360 per BTC.
The announcement of the purchase was made by Michael Saylor on March 17, 2025, revealing that the Virginia-based public company acquired the 130 BTC for nearly $83,000 per BTC, resulting in a BTC Yield of 6.9% year-to-date. Despite this positive news, Strategy’s STRK shares experienced a 1% dip in pre-market trading, according to Nasdaq data.
This latest purchase comes on the heels of Strategy’s recent announcement to raise additional capital to fund Bitcoin purchases, despite market volatility and macro uncertainty. The company plans to raise $21 billion through its class A strike preferred stock, with proceeds from the sale intended for general corporate operations, including potential future Bitcoin buys.
Strategy’s strategy for raising and investing in Bitcoin is part of its “21/21” roadmap, spearheaded by executive chairman Michael Saylor. The company also has the option to exercise a buyback if STRK’s value declines by 25% below its initial issuance value.
The move to expand its Bitcoin holdings aligns with Strategy’s continued bullish stance on the cryptocurrency, despite recent market fluctuations. With a strong belief in the long-term potential of Bitcoin, Strategy remains committed to growing its investment portfolio in the digital asset.
As Strategy continues to make strategic moves in the cryptocurrency space, investors and industry experts will be closely watching to see how these decisions impact the company’s financial performance and overall market position. With Bitcoin’s volatility and the evolving regulatory landscape, Strategy’s bold moves in expanding its Bitcoin holdings demonstrate a confidence in the future of digital assets and a commitment to staying at the forefront of the industry.