Strategy Acquires 6,911 BTC for $584.1M, Boosting Holdings to 506,000

Strategy, the business analytics public company led by Michael Saylor, has significantly expanded its Bitcoin holdings. The company acquired 6,911 Bitcoin (BTC) for approximately $584.1 million, with an average purchase price of around $84,529 per BTC. This acquisition brings Strategy's total Bitcoin holdings to over 506,000 BTC, valued at roughly $44.4 billion at current market prices. The purchase was made between March 17 and March 23, 2025, and was funded through the sale of shares in Strategy's "Common ATM" and "STRK ATM" programs.

During this period, the company sold 1,975,000 shares of its Class A common stock, generating net proceeds of approximately $592 million. Additionally, 13,100 shares of its 8.00% Series A perpetual strike preferred stock were sold, resulting in over $1 million in net proceeds. This strategic move aligns with Strategy's plan to secure $711 million in net proceeds through a preferred stock offering to buy more Bitcoin. The company's aggressive Bitcoin acquisition strategy underscores its commitment to Bitcoin as a store of value and a long-term investment.

With the latest purchase, Strategy has achieved a Bitcoin yield of 7.7% year-to-date in 2025. As of March 23, the company held 506,137 BTC acquired for more than $33.7 billion. This acquisition comes shortly after Strategy announced plans to raise additional capital to fund Bitcoin purchases despite recent market downslide and macro uncertainty. The company plans to raise $21 billion through its class A strike preferred stock as it seeks to bolster its investment portfolio. According to a filing with the U.S. Securities and Exchange Commission, Strategy will use proceeds from the sale to fund general corporate operations, which could include more Bitcoin buys.

Strategy's latest acquisition of 6,911 BTC highlights the company's unwavering commitment to Bitcoin as a strategic asset. The purchase was made at an average price of $84,529 per BTC, totaling approximately $584.1 million. This brings the company's total Bitcoin holdings to around 506,000 BTC, valued at roughly $44.4 billion at current market prices. The company's aggressive Bitcoin acquisition strategy underscores its belief in Bitcoin as a store of value and a long-term investment. The purchase was funded through the sale of shares in Strategy's "Common ATM" and "STRK ATM" programs, generating net proceeds of approximately $592 million from the sale of 1,975,000 shares of its Class A common stock and over $1 million from the sale of 13,100 shares of its 8.00% Series A perpetual strike preferred stock. This strategic move aligns with Strategy's plan to secure $711 million in net proceeds through a preferred stock offering to buy more Bitcoin. The company's aggressive Bitcoin acquisition strategy underscores its commitment to Bitcoin as a store of value and a long-term investment.